Vinland Capital Management Gestora de Recursos LTDA. Invests $653,000 in SPDR S&P Metals & Mining ETF $XME

Vinland Capital Management Gestora de Recursos LTDA. bought a new stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XMEFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 6,300 shares of the exchange traded fund’s stock, valued at approximately $653,000. SPDR S&P Metals & Mining ETF comprises 9.1% of Vinland Capital Management Gestora de Recursos LTDA.’s investment portfolio, making the stock its biggest position.

A number of other large investors also recently made changes to their positions in XME. Lodestone Wealth Management LLC acquired 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 bought a new stake in shares of SPDR S&P Metals & Mining ETF during the 4th quarter worth approximately $25,000. Geneos Wealth Management Inc. acquired a new stake in shares of SPDR S&P Metals & Mining ETF during the 4th quarter worth approximately $30,000. Evolution Wealth Management Inc. boosted its position in shares of SPDR S&P Metals & Mining ETF by 72.1% during the 4th quarter. Evolution Wealth Management Inc. now owns 296 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 124 shares in the last quarter. Finally, Strive Financial Group LLC bought a new position in SPDR S&P Metals & Mining ETF in the fourth quarter valued at approximately $39,000. Institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Price Performance

Shares of NYSEARCA:XME opened at $117.02 on Friday. The company’s 50 day simple moving average is $119.13 and its 200 day simple moving average is $115.07. The stock has a market capitalization of $5.27 billion, a price-to-earnings ratio of 21.07 and a beta of 1.23. SPDR S&P Metals & Mining ETF has a 1 year low of $65.09 and a 1 year high of $135.68.

SPDR S&P Metals & Mining ETF Profile

(Free Report)

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Institutional Ownership by Quarter for SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

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