Bright Futures Wealth Management LLC. Makes New Investment in SPDR S&P Metals & Mining ETF $XME

Bright Futures Wealth Management LLC. acquired a new position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,931 shares of the exchange traded fund’s stock, valued at approximately $1,205,000.

A number of other hedge funds have also made changes to their positions in XME. Root Financial Partners LLC acquired a new stake in SPDR S&P Metals & Mining ETF in the 3rd quarter valued at $51,000. Glass Jacobson Investment Advisors llc acquired a new position in shares of SPDR S&P Metals & Mining ETF during the third quarter worth about $52,000. Assetmark Inc. boosted its position in shares of SPDR S&P Metals & Mining ETF by 33.0% in the third quarter. Assetmark Inc. now owns 572 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 142 shares during the period. ORG Partners LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the third quarter worth about $59,000. Finally, Private Wealth Management Group LLC acquired a new stake in shares of SPDR S&P Metals & Mining ETF in the third quarter valued at about $60,000. Hedge funds and other institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of NYSEARCA:XME opened at $119.35 on Monday. The business’s 50-day simple moving average is $118.10 and its 200 day simple moving average is $101.84. The company has a market cap of $4.54 billion, a P/E ratio of 21.07 and a beta of 1.28. SPDR S&P Metals & Mining ETF has a one year low of $45.89 and a one year high of $135.68.

SPDR S&P Metals & Mining ETF Company Profile