180 Wealth Advisors LLC Raises Stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

180 Wealth Advisors LLC increased its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 6.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 32,704 shares of the exchange traded fund’s stock after acquiring an additional 2,102 shares during the quarter. 180 Wealth Advisors LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $1,856,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in XME. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the third quarter valued at approximately $133,812,000. PointState Capital LP purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter worth $39,522,000. Raymond James & Associates grew its position in shares of SPDR S&P Metals & Mining ETF by 274.5% during the 3rd quarter. Raymond James & Associates now owns 305,812 shares of the exchange traded fund’s stock worth $19,486,000 after buying an additional 224,151 shares in the last quarter. Financial Advocates Investment Management purchased a new stake in SPDR S&P Metals & Mining ETF in the third quarter worth about $12,677,000. Finally, Citigroup Inc. increased its holdings in SPDR S&P Metals & Mining ETF by 81.7% during the third quarter. Citigroup Inc. now owns 291,404 shares of the exchange traded fund’s stock valued at $18,568,000 after buying an additional 131,050 shares during the period.

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

XME opened at $58.45 on Tuesday. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 6.15 and a beta of 1.20. The stock has a fifty day moving average price of $63.19 and a 200-day moving average price of $61.82. SPDR S&P Metals & Mining ETF has a 12 month low of $53.38 and a 12 month high of $70.49.

About SPDR S&P Metals & Mining ETF

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.