Financially Speaking Inc reduced its holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) by 80.7% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,550 shares of the exchange traded fund’s stock after selling 56,732 shares during the quarter. SPDR S&P Metals & Mining ETF accounts for about 0.9% of Financially Speaking Inc’s investment portfolio, making the stock its 12th largest position. Financially Speaking Inc’s holdings in SPDR S&P Metals & Mining ETF were worth $1,404,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC bought a new position in SPDR S&P Metals & Mining ETF in the 4th quarter worth about $25,000. Lodestone Wealth Management LLC bought a new position in SPDR S&P Metals & Mining ETF in the 4th quarter worth about $25,000. Geneos Wealth Management Inc. bought a new position in SPDR S&P Metals & Mining ETF in the 4th quarter worth about $30,000. Evolution Wealth Management Inc. increased its stake in SPDR S&P Metals & Mining ETF by 72.1% in 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 during the last quarter. Finally, Legacy Wealth Managment LLC ID increased its stake in 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 worth $50,000 after acquiring an additional 229 shares during the last quarter. 86.55% of the stock is currently owned by institutional investors.
SPDR S&P Metals & Mining ETF Stock Up 1.8%
Shares of NYSEARCA XME opened at $120.44 on Friday. The firm has a market capitalization of $5.43 billion, a P/E ratio of 21.07 and a beta of 1.23. The stock’s 50-day simple moving average is $118.46 and its two-hundred day simple moving average is $114.25. SPDR S&P Metals & Mining ETF has a twelve month low of $64.22 and a twelve month high of $135.68.
SPDR S&P Metals & Mining ETF Profile
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