Cadent Capital Advisors LLC boosted its holdings in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) by 122.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,471 shares of the exchange traded fund’s stock after acquiring an additional 11,271 shares during the period. Cadent Capital Advisors LLC owned approximately 0.06% of SPDR S&P Metals & Mining ETF worth $2,121,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Focus Partners Wealth raised its position in shares of SPDR S&P Metals & Mining ETF by 60.3% during the first 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 period. Creative Planning bought a new position in shares of SPDR S&P Metals & Mining ETF during the 2nd quarter valued at about $398,000. JPMorgan Chase & Co. grew its position in shares of SPDR S&P Metals & Mining ETF by 2,642.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,959,322 shares of the exchange traded fund’s stock valued at $131,706,000 after purchasing an additional 1,887,867 shares during the period. Global Retirement Partners LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF in the 2nd quarter valued at approximately $226,000. Finally, Laurel Wealth Advisors LLC increased its stake in SPDR S&P Metals & Mining ETF by 6,622.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,361 shares of the exchange traded fund’s stock worth $226,000 after purchasing an additional 3,311 shares in the last quarter. 86.55% of the stock is owned by institutional investors and hedge funds.
SPDR S&P Metals & Mining ETF Stock Performance
Shares of XME stock opened at $104.92 on Friday. The company has a market capitalization of $3.99 billion, a P/E ratio of 21.07 and a beta of 1.28. The company’s 50 day moving average price is $117.71 and its two-hundred day moving average price is $105.52. SPDR S&P Metals & Mining ETF has a 52 week low of $45.89 and a 52 week high of $135.68.
SPDR S&P Metals & Mining ETF Company Profile
Further Reading
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