Chesapeake Asset Management LLC Boosts Holdings in SPDR S&P Metals & Mining ETF $XME

Chesapeake Asset Management LLC boosted its stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 19,054.1% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 7,087 shares of the exchange traded fund’s stock after purchasing an additional 7,050 shares during the period. Chesapeake Asset Management LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $660,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of XME. Global Trust Asset Management LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the second quarter worth about $27,000. Private Wealth Asset Management LLC purchased a new position in SPDR S&P Metals & Mining ETF during the second quarter valued at approximately $30,000. Sound Income Strategies LLC lifted its holdings in SPDR S&P Metals & Mining ETF by 1,829.2% in the second quarter. Sound Income Strategies LLC now owns 926 shares of the exchange traded fund’s stock valued at $62,000 after acquiring an additional 878 shares during the period. Armstrong Advisory Group Inc. purchased a new stake in SPDR S&P Metals & Mining ETF in the 3rd quarter worth approximately $101,000. Finally, Ameritas Advisory Services LLC purchased a new stake in SPDR S&P Metals & Mining ETF in the 2nd quarter worth approximately $83,000. Institutional investors and hedge funds own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Price Performance

NYSEARCA:XME opened at $107.84 on Monday. The company has a 50 day moving average price of $97.75 and a 200-day moving average price of $86.86. SPDR S&P Metals & Mining ETF has a 1-year low of $45.89 and a 1-year high of $111.09. The firm has a market cap of $3.40 billion, a price-to-earnings ratio of 21.07 and a beta of 1.28.

SPDR S&P Metals & Mining ETF Company Profile