SCS Capital Management LLC reduced its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) by 30.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 307,647 shares of the exchange traded fund’s stock after selling 132,249 shares during the quarter. SCS Capital Management LLC owned 0.81% of SPDR S&P Metals & Mining ETF worth $31,875,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Lodestone Wealth Management LLC purchased a new position in shares of SPDR S&P Metals & Mining ETF in the 4th quarter valued at approximately $25,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of SPDR S&P Metals & Mining ETF in the 4th quarter valued at approximately $25,000. Geneos Wealth Management Inc. purchased a new position in shares of SPDR S&P Metals & Mining ETF in the 4th quarter valued at approximately $30,000. Legacy Wealth Managment LLC ID grew its stake in shares of SPDR S&P Metals & Mining ETF by 91.6% in the 4th quarter. Legacy Wealth Managment LLC ID now owns 479 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 229 shares during the last quarter. Finally, Assetmark Inc. lifted its holdings in shares of SPDR S&P Metals & Mining ETF by 33.0% in the 3rd quarter. Assetmark Inc. now owns 572 shares of the exchange traded fund’s stock valued at $53,000 after buying an additional 142 shares during the period. 86.55% of the stock is currently owned by hedge funds and other institutional investors.
SPDR S&P Metals & Mining ETF Price Performance
XME opened at $125.21 on Monday. The business has a 50 day simple moving average of $115.17 and a 200-day simple moving average of $112.24. The stock has a market capitalization of $5.64 billion, a P/E ratio of 21.07 and a beta of 1.23. SPDR S&P Metals & Mining ETF has a 12 month low of $59.17 and a 12 month high of $135.68.
SPDR S&P Metals & Mining ETF Company Profile
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