29,931 Shares in SPDR S&P Metals & Mining ETF $XME Bought by Baker Avenue Asset Management LP

Baker Avenue Asset Management LP purchased a new stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XMEFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 29,931 shares of the exchange traded fund’s stock, valued at approximately $3,101,000. Baker Avenue Asset Management LP owned about 0.08% of SPDR S&P Metals & Mining ETF at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Kohmann Bosshard Financial Services LLC purchased a new position in shares of SPDR S&P Metals & Mining ETF during the fourth quarter worth approximately $25,000. Lodestone Wealth Management LLC acquired a new position in SPDR S&P Metals & Mining ETF in the 4th quarter valued at $25,000. Geneos Wealth Management Inc. acquired a new position in SPDR S&P Metals & Mining ETF in the 4th quarter valued at $30,000. Legacy Wealth Managment LLC ID raised its position in SPDR S&P Metals & Mining ETF by 91.6% during the 4th quarter. Legacy Wealth Managment LLC ID now owns 479 shares of the exchange traded fund’s stock worth $50,000 after buying an additional 229 shares during the last quarter. Finally, Assetmark Inc. raised its position in SPDR S&P Metals & Mining ETF by 33.0% during the 3rd 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 last quarter. 86.55% of the stock is owned by institutional investors and hedge funds.

SPDR S&P Metals & Mining ETF Stock Up 2.9%

Shares of NYSEARCA:XME opened at $126.45 on Friday. The company has a 50-day moving average price of $114.82 and a 200 day moving average price of $112.03. The company has a market cap of $5.70 billion, a P/E ratio of 21.07 and a beta of 1.23. SPDR S&P Metals & Mining ETF has a 52 week low of $59.17 and a 52 week high of $135.68.

SPDR S&P Metals & Mining ETF Company Profile

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

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