Private Wealth Advisors LLC Reduces Holdings in SPDR S&P Metals & Mining ETF $XME

Private Wealth Advisors LLC trimmed its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XMEFree Report) by 25.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,678 shares of the exchange traded fund’s stock after selling 13,269 shares during the period. SPDR S&P Metals & Mining ETF makes up 1.3% of Private Wealth Advisors LLC’s investment portfolio, making the stock its 23rd largest holding. Private Wealth Advisors LLC owned about 0.10% of SPDR S&P Metals & Mining ETF worth $4,007,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the stock. Focus Partners Wealth grew its position in SPDR S&P Metals & Mining ETF by 60.3% during the 1st quarter. Focus Partners Wealth now owns 9,056 shares of the exchange traded fund’s stock worth $507,000 after purchasing an additional 3,407 shares during the last quarter. Creative Planning purchased a new position in SPDR S&P Metals & Mining ETF during the 2nd quarter worth $398,000. Caption Management LLC purchased a new position in SPDR S&P Metals & Mining ETF during the 2nd quarter worth $2,608,000. Darwin Wealth Management LLC purchased a new position in SPDR S&P Metals & Mining ETF during the 2nd quarter worth $1,294,000. Finally, MGB Wealth Management LLC grew its position in SPDR S&P Metals & Mining ETF by 16.8% during the 2nd quarter. MGB Wealth Management LLC now owns 7,991 shares of the exchange traded fund’s stock worth $537,000 after purchasing an additional 1,150 shares during the last quarter. 86.55% of the stock is owned by hedge funds and other institutional investors.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of SPDR S&P Metals & Mining ETF stock opened at $113.19 on Thursday. SPDR S&P Metals & Mining ETF has a 1 year low of $58.00 and a 1 year high of $135.68. The company has a market capitalization of $5.10 billion, a P/E ratio of 21.07 and a beta of 1.23. The company’s fifty day moving average is $113.83 and its two-hundred day moving average is $110.87.

SPDR S&P Metals & Mining ETF Profile

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

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