Global Wealth Management LLC Acquires New Position in SPDR S&P Metals & Mining ETF $XME

Global Wealth Management LLC bought a new position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) in the first quarter, Holdings Channel reports. The institutional investor bought 5,739 shares of the exchange traded fund’s stock, valued at approximately $620,000. SPDR S&P Metals & Mining ETF makes up about 0.3% of Global Wealth Management LLC’s holdings, making the stock its 26th biggest position.

A number of other hedge funds also recently bought and sold shares of the company. Lodestone Wealth Management LLC purchased a new stake in SPDR S&P Metals & Mining ETF in the fourth quarter worth approximately $25,000. 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. Geneos Wealth Management Inc. purchased a new position in shares of SPDR S&P Metals & Mining ETF during the fourth quarter worth approximately $30,000. Evolution Wealth Management Inc. lifted its holdings in shares of SPDR S&P Metals & Mining ETF by 72.1% in the 4th quarter. Evolution Wealth Management Inc. now owns 296 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 124 shares during the last quarter. Finally, Strive Financial Group LLC bought a new stake in shares of SPDR S&P Metals & Mining ETF in the 4th quarter worth approximately $39,000. Institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of SPDR S&P Metals & Mining ETF stock opened at $117.02 on Monday. SPDR S&P Metals & Mining ETF has a 52-week low of $65.09 and a 52-week high of $135.68. The stock has a market capitalization of $5.27 billion, a price-to-earnings ratio of 21.07 and a beta of 1.23. The company has a fifty day moving average of $119.21 and a 200-day moving average of $115.22.

SPDR S&P Metals & Mining ETF Company Profile