Silver Coast Investments LLC Sells 9,850 Shares of SPDR S&P Metals & Mining ETF $XME

Silver Coast Investments LLC reduced its holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 20.6% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 37,940 shares of the exchange traded fund’s stock after selling 9,850 shares during the period. SPDR S&P Metals & Mining ETF makes up 1.2% of Silver Coast Investments LLC’s portfolio, making the stock its 18th largest holding. Silver Coast Investments LLC owned approximately 0.11% of SPDR S&P Metals & Mining ETF worth $3,536,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Root Financial Partners LLC purchased a new stake in SPDR S&P Metals & Mining ETF in the 3rd quarter worth about $51,000. Parsons Capital Management Inc. RI purchased a new position in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter valued at $270,000. Tradewinds LLC. acquired a new stake in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter worth $4,499,000. Auour Investments LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter valued at $271,000. Finally, Glass Jacobson Investment Advisors llc acquired a new stake in SPDR S&P Metals & Mining ETF during the third quarter worth about $52,000. 86.55% of the stock is owned by hedge funds and other institutional investors.

SPDR S&P Metals & Mining ETF Trading Up 1.3%

Shares of NYSEARCA:XME opened at $125.79 on Wednesday. SPDR S&P Metals & Mining ETF has a 12-month low of $45.89 and a 12-month high of $126.27. The business has a 50 day moving average of $104.09 and a two-hundred day moving average of $92.62. The company has a market capitalization of $4.70 billion, a PE ratio of 21.07 and a beta of 1.28.

SPDR S&P Metals & Mining ETF Company Profile