HBW Advisory Services LLC Invests $834,000 in SPDR S&P Metals & Mining ETF $XME

HBW Advisory Services LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 7,723 shares of the exchange traded fund’s stock, valued at approximately $834,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of XME. Lodestone Wealth Management LLC acquired a new position in SPDR S&P Metals & Mining ETF during the 4th quarter worth approximately $25,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of SPDR S&P Metals & Mining ETF in the fourth quarter valued at approximately $25,000. Turtle Creek Wealth Advisors LLC bought a new stake in shares of SPDR S&P Metals & Mining ETF in the first quarter worth $27,000. Geneos Wealth Management Inc. bought a new stake in shares of SPDR S&P Metals & Mining ETF in the fourth quarter worth $30,000. Finally, Evolution Wealth Management Inc. boosted its holdings in SPDR S&P Metals & Mining ETF by 72.1% during the fourth quarter. Evolution Wealth Management Inc. now owns 296 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 124 shares during the last quarter. Institutional investors and hedge funds own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Trading Up 2.3%

SPDR S&P Metals & Mining ETF stock opened at $104.42 on Wednesday. The company has a market cap of $4.18 billion, a P/E ratio of 21.07 and a beta of 1.26. SPDR S&P Metals & Mining ETF has a 1-year low of $71.07 and a 1-year high of $135.68. The company has a fifty day simple moving average of $115.47 and a 200 day simple moving average of $115.70.

SPDR S&P Metals & Mining ETF Profile