SPDR S&P Metals & Mining ETF $XME Shares Acquired by 180 Wealth Advisors LLC

180 Wealth Advisors LLC boosted its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 6.2% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 36,817 shares of the exchange traded fund’s stock after purchasing an additional 2,165 shares during the period. 180 Wealth Advisors LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $2,475,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Global Trust Asset Management LLC purchased a new position in shares of SPDR S&P Metals & Mining ETF in the 2nd quarter valued at approximately $27,000. Private Wealth Asset Management LLC purchased a new position in SPDR S&P Metals & Mining ETF during the 2nd quarter worth $30,000. Sound Income Strategies LLC boosted its holdings in shares of SPDR S&P Metals & Mining ETF by 1,829.2% in the second quarter. Sound Income Strategies LLC now owns 926 shares of the exchange traded fund’s stock valued at $62,000 after acquiring an additional 878 shares in the last quarter. Ameritas Advisory Services LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF during the second quarter worth about $83,000. Finally, Reyes Financial Architecture Inc. purchased a new position in SPDR S&P Metals & Mining ETF during the second quarter worth about $85,000. 86.55% of the stock is owned by institutional investors and hedge funds.

SPDR S&P Metals & Mining ETF Trading Up 1.6%

NYSEARCA XME opened at $98.81 on Friday. The business’s 50 day moving average is $90.61 and its two-hundred day moving average is $73.72. The stock has a market capitalization of $3.27 billion, a price-to-earnings ratio of 21.07 and a beta of 1.48. SPDR S&P Metals & Mining ETF has a 12-month low of $45.89 and a 12-month high of $111.09.

SPDR S&P Metals & Mining ETF Profile

SPDR S&P Metals & Mining ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P Metals & Mining Select Industry Index (the Index). The Index is an equal weighted market cap index. The Index represents the metals and mining sub-industry portion of the S&P Total Market Index.