MGB Wealth Management LLC Boosts Stock Holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

MGB Wealth Management LLC boosted its position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 9.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,019 shares of the exchange traded fund’s stock after buying an additional 835 shares during the period. MGB Wealth Management LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $604,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of XME. Belpointe Asset Management LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the third quarter valued at approximately $203,000. ASB Consultores LLC grew its position in shares of SPDR S&P Metals & Mining ETF by 72.7% in the third quarter. ASB Consultores LLC now owns 35,117 shares of the exchange traded fund’s stock valued at $1,844,000 after purchasing an additional 14,780 shares in the last quarter. Modera Wealth Management LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the third quarter valued at approximately $1,536,000. Affinity Wealth Management LLC grew its position in shares of SPDR S&P Metals & Mining ETF by 10.6% in the fourth quarter. Affinity Wealth Management LLC now owns 434,683 shares of the exchange traded fund’s stock valued at $26,007,000 after purchasing an additional 41,646 shares in the last quarter. Finally, SG Americas Securities LLC grew its position in shares of SPDR S&P Metals & Mining ETF by 91.1% in the fourth quarter. SG Americas Securities LLC now owns 38,787 shares of the exchange traded fund’s stock valued at $2,321,000 after purchasing an additional 18,492 shares in the last quarter.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of XME stock traded up $0.64 during trading hours on Friday, reaching $63.55. The company had a trading volume of 813,953 shares, compared to its average volume of 2,816,143. The stock has a fifty day moving average of $61.32 and a 200-day moving average of $59.39. The company has a market capitalization of $2.14 billion, a price-to-earnings ratio of 6.15 and a beta of 1.20. SPDR S&P Metals & Mining ETF has a 12-month low of $48.01 and a 12-month high of $65.36.

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.