FOCUS Wealth Advisors LLC Has $6.94 Million Position in SPDR S&P Metals & Mining ETF $XME

FOCUS Wealth Advisors LLC lowered its stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 8.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 64,865 shares of the exchange traded fund’s stock after selling 6,110 shares during the period. SPDR S&P Metals & Mining ETF accounts for about 3.2% of FOCUS Wealth Advisors LLC’s investment portfolio, making the stock its 8th biggest holding. FOCUS Wealth Advisors LLC owned approximately 0.16% of SPDR S&P Metals & Mining ETF worth $6,936,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of XME. Bank of America Corp DE raised its position in shares of SPDR S&P Metals & Mining ETF by 302.8% in the 1st quarter. Bank of America Corp DE now owns 7,579,721 shares of the exchange traded fund’s stock worth $818,686,000 after acquiring an additional 5,697,852 shares in the last quarter. Bank of Nova Scotia grew its stake in SPDR S&P Metals & Mining ETF by 412.3% in the fourth quarter. Bank of Nova Scotia now owns 1,035,072 shares of the exchange traded fund’s stock valued at $107,244,000 after purchasing an additional 833,020 shares during the last quarter. Tidal Investments LLC purchased a new position in SPDR S&P Metals & Mining ETF in the third quarter valued at about $19,342,000. Healthcare of Ontario Pension Plan Trust Fund bought a new position in SPDR S&P Metals & Mining ETF in the fourth quarter worth about $20,722,000. Finally, CWM LLC raised its holdings in SPDR S&P Metals & Mining ETF by 977.0% in the fourth quarter. CWM LLC now owns 189,856 shares of the exchange traded fund’s stock worth $19,671,000 after purchasing an additional 172,227 shares in the last quarter. Institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Stock Performance

XME stock opened at $111.92 on Thursday. SPDR S&P Metals & Mining ETF has a one year low of $75.34 and a one year high of $135.68. The firm has a market cap of $4.28 billion, a price-to-earnings ratio of 21.07 and a beta of 1.27. The firm has a 50-day simple moving average of $110.08 and a two-hundred day simple moving average of $114.55.

SPDR S&P Metals & Mining ETF Company Profile