Waverly Advisors LLC Invests $2.52 Million in SPDR S&P Metals & Mining ETF $XME

Waverly Advisors LLC purchased a new stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XMEFree Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 23,335 shares of the exchange traded fund’s stock, valued at approximately $2,520,000.

A number of other institutional investors have also recently modified their holdings of the business. Focus Partners Wealth grew its holdings in 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 acquiring an additional 3,407 shares during the period. Creative Planning acquired a new stake in SPDR S&P Metals & Mining ETF in the second quarter valued at $398,000. Caption Management LLC acquired a new stake in SPDR S&P Metals & Mining ETF in the second quarter valued at $2,608,000. Darwin Wealth Management LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF during the 2nd quarter worth $1,294,000. Finally, MGB Wealth Management LLC grew its stake in shares of SPDR S&P Metals & Mining ETF by 16.8% during the 2nd quarter. MGB Wealth Management LLC now owns 7,991 shares of the exchange traded fund’s stock worth $537,000 after purchasing an additional 1,150 shares during the period. 86.55% of the stock is currently owned by hedge funds and other institutional investors.

SPDR S&P Metals & Mining ETF Stock Up 4.4%

NYSEARCA:XME opened at $101.86 on Friday. The firm’s fifty day simple moving average is $111.20 and its 200-day simple moving average is $114.99. The stock has a market cap of $3.81 billion, a PE ratio of 21.07 and a beta of 1.26. SPDR S&P Metals & Mining ETF has a fifty-two week low of $71.07 and a fifty-two week high of $135.68.

About SPDR S&P Metals & Mining ETF

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

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