Chicago Wealth Management Inc. Makes New Investment in SPDR S&P Metals & Mining ETF $XME

Chicago Wealth Management Inc. purchased a new position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 25,739 shares of the exchange traded fund’s stock, valued at approximately $2,667,000. SPDR S&P Metals & Mining ETF accounts for 1.1% of Chicago Wealth Management Inc.’s portfolio, making the stock its 21st biggest holding. Chicago Wealth Management Inc. owned about 0.07% of SPDR S&P Metals & Mining ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of XME. Focus Partners Wealth boosted its holdings in SPDR S&P Metals & Mining ETF by 60.3% in the 1st 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 purchased a new position in shares of SPDR S&P Metals & Mining ETF during the 2nd quarter valued at approximately $398,000. Caption Management LLC purchased a new position in shares of SPDR S&P Metals & Mining ETF during the 2nd quarter valued at approximately $2,608,000. Darwin Wealth Management LLC purchased a new position in shares of SPDR S&P Metals & Mining ETF during the 2nd quarter valued at approximately $1,294,000. Finally, MGB Wealth Management LLC boosted 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 valued at $537,000 after buying an additional 1,150 shares during the last quarter. Hedge funds and other institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Trading Down 0.8%

SPDR S&P Metals & Mining ETF stock opened at $118.39 on Thursday. The stock has a market cap of $5.33 billion, a P/E ratio of 21.07 and a beta of 1.23. The stock has a 50 day moving average of $118.99 and a 200-day moving average of $114.93. SPDR S&P Metals & Mining ETF has a 52 week low of $65.09 and a 52 week high of $135.68.

SPDR S&P Metals & Mining ETF Profile