Fortem Financial Group LLC Cuts Position in SPDR S&P Metals & Mining ETF $XME

Fortem Financial Group LLC trimmed its holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 22.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 82,826 shares of the exchange traded fund’s stock after selling 24,446 shares during the quarter. SPDR S&P Metals & Mining ETF makes up about 2.2% of Fortem Financial Group LLC’s portfolio, making the stock its 10th biggest position. Fortem Financial Group LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $8,946,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of XME. Ibex Wealth Advisors bought a new position in SPDR S&P Metals & Mining ETF in the third quarter worth approximately $501,000. Sowell Financial Services LLC purchased a new position in SPDR S&P Metals & Mining ETF during the fourth quarter valued at approximately $2,339,000. Royal Fund Management LLC purchased a new position in SPDR S&P Metals & Mining ETF during the fourth quarter valued at approximately $2,875,000. AE Wealth Management LLC raised its stake in SPDR S&P Metals & Mining ETF by 21.2% in the fourth quarter. AE Wealth Management LLC now owns 89,014 shares of the exchange traded fund’s stock worth $9,223,000 after buying an additional 15,574 shares in the last quarter. Finally, Private Advisor Group LLC lifted its holdings in SPDR S&P Metals & Mining ETF by 195.5% during the third quarter. Private Advisor Group LLC now owns 95,843 shares of the exchange traded fund’s stock worth $8,932,000 after buying an additional 63,413 shares during the period. Hedge funds and other institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Price Performance

Shares of XME stock opened at $117.02 on Friday. SPDR S&P Metals & Mining ETF has a 1-year low of $65.09 and a 1-year high of $135.68. The company has a market cap of $5.27 billion, a P/E ratio of 21.07 and a beta of 1.23. The stock’s 50-day moving average is $119.21 and its 200 day moving average is $115.09.

SPDR S&P Metals & Mining ETF Profile