Arizona PSPRS Trust Buys New Shares in SPDR S&P Metals & Mining ETF $XME

Arizona PSPRS Trust bought a new position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 8,100 shares of the exchange traded fund’s stock, valued at approximately $839,000. SPDR S&P Metals & Mining ETF accounts for 0.0% of Arizona PSPRS Trust’s portfolio, making the stock its 16th biggest position.

Several other hedge funds have also added to or reduced their stakes in the business. Lodestone Wealth Management LLC bought a new stake in SPDR S&P Metals & Mining ETF in the fourth quarter valued at approximately $25,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of SPDR S&P Metals & Mining ETF in the fourth quarter worth $25,000. Geneos Wealth Management Inc. purchased a new position in shares of SPDR S&P Metals & Mining ETF in the fourth quarter worth $30,000. Evolution Wealth Management Inc. raised its holdings in SPDR S&P Metals & Mining ETF by 72.1% during the 4th quarter. Evolution Wealth Management Inc. now owns 296 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 124 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID raised its holdings 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 valued at $50,000 after buying an additional 229 shares during the last quarter. 86.55% of the stock is owned by institutional investors.

SPDR S&P Metals & Mining ETF Price Performance

Shares of XME opened at $118.60 on Monday. The stock has a market capitalization of $5.34 billion, a P/E ratio of 21.07 and a beta of 1.23. SPDR S&P Metals & Mining ETF has a twelve month low of $63.72 and a twelve month high of $135.68. The firm has a fifty day simple moving average of $117.38 and a two-hundred day simple moving average of $113.45.

SPDR S&P Metals & Mining ETF Profile