Royal Fund Management LLC increased its stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) by 28.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,762 shares of the exchange traded fund’s stock after buying an additional 8,009 shares during the quarter. Royal Fund Management LLC owned about 0.08% of SPDR S&P Metals & Mining ETF worth $3,863,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in XME. Forefront Wealth Partners LLC grew its position in shares of SPDR S&P Metals & Mining ETF by 3.4% during the fourth quarter. Forefront Wealth Partners LLC now owns 2,582 shares of the exchange traded fund’s stock worth $268,000 after acquiring an additional 84 shares during the last quarter. Riggs Asset Managment Co. Inc. lifted its position in 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 purchasing an additional 94 shares during the last quarter. Keudell Morrison Wealth Management boosted its stake in SPDR S&P Metals & Mining ETF by 4.1% during the 1st quarter. Keudell Morrison Wealth Management now owns 2,910 shares of the exchange traded fund’s stock valued at $314,000 after purchasing an additional 115 shares during the period. Evolution Wealth Management Inc. boosted its stake in 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 valued at $31,000 after purchasing an additional 124 shares during the period. Finally, World Investment Advisors boosted its stake in SPDR S&P Metals & Mining ETF by 3.2% during the 1st quarter. World Investment Advisors now owns 4,218 shares of the exchange traded fund’s stock valued at $456,000 after purchasing an additional 129 shares during the period. 86.55% of the stock is owned by institutional investors and hedge funds.
SPDR S&P Metals & Mining ETF Trading Down 3.8%
NYSEARCA XME opened at $97.58 on Thursday. The company has a 50-day moving average price of $111.47 and a two-hundred day moving average price of $115.10. SPDR S&P Metals & Mining ETF has a 52 week low of $71.07 and a 52 week high of $135.68. The stock has a market cap of $3.65 billion, a price-to-earnings ratio of 21.07 and a beta of 1.26.
SPDR S&P Metals & Mining ETF Profile
Read More
- Five stocks we like better than SPDR S&P Metals & Mining ETF
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
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.
