SCS Capital Management LLC reduced its holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) by 30.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 307,647 shares of the exchange traded fund’s stock after selling 132,249 shares during the quarter. SCS Capital Management LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $31,875,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of the business. Forefront Wealth Partners LLC lifted its holdings in shares of SPDR S&P Metals & Mining ETF by 3.4% in the 4th quarter. Forefront Wealth Partners LLC now owns 2,582 shares of the exchange traded fund’s stock valued at $268,000 after buying an additional 84 shares during the period. Riggs Asset Managment Co. Inc. lifted its holdings in shares of SPDR S&P Metals & Mining ETF by 2.3% in the 4th quarter. Riggs Asset Managment Co. Inc. now owns 4,234 shares of the exchange traded fund’s stock valued at $439,000 after buying an additional 94 shares during the period. 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. Sunbelt Securities Inc. lifted its holdings in shares of SPDR S&P Metals & Mining ETF by 49.5% in the 3rd quarter. Sunbelt Securities Inc. now owns 598 shares of the exchange traded fund’s stock valued at $56,000 after buying an additional 198 shares during the period. Finally, Legacy Wealth Managment LLC ID raised its holdings in SPDR S&P Metals & Mining ETF by 91.6% during the fourth quarter. Legacy Wealth Managment LLC ID now owns 479 shares of the exchange traded fund’s stock worth $50,000 after purchasing an additional 229 shares during the last quarter. 86.55% of the stock is owned by institutional investors and hedge funds.
SPDR S&P Metals & Mining ETF Stock Performance
Shares of XME stock opened at $125.21 on Monday. The stock has a fifty day moving average price of $115.17 and a 200 day moving average price of $112.24. The stock has a market cap of $5.64 billion, a PE ratio of 21.07 and a beta of 1.23. SPDR S&P Metals & Mining ETF has a 1 year low of $59.17 and a 1 year high of $135.68.
About SPDR S&P Metals & Mining ETF
Further Reading
- Five stocks we like better than SPDR S&P Metals & Mining ETF
- Palantir Stock Faces Technical Pressure Despite Strong AI Growth
- These 3 CLO ETFs Target a Niche Corner of the Fixed-Income Market
- 3 Ways to Play the Data Center Land Grab
- The Smarter Way to Invest in AI Without Taking Extreme Risk
Want to see what other hedge funds are holding XME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report).
Receive News & Ratings for SPDR S&P Metals & Mining ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Metals & Mining ETF and related companies with MarketBeat.com's FREE daily email newsletter.
