Capital Wealth Alliance LLC Boosts Holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Capital Wealth Alliance LLC grew its holdings in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 29.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 19,981 shares of the exchange traded fund’s stock after buying an additional 4,570 shares during the period. Capital Wealth Alliance LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $1,134,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wilmington Savings Fund Society FSB grew its position in SPDR S&P Metals & Mining ETF by 200.6% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 959 shares of the exchange traded fund’s stock valued at $54,000 after purchasing an additional 640 shares during the last quarter. Almanack Investment Partners LLC. lifted its position in shares of SPDR S&P Metals & Mining ETF by 366.4% during the 4th quarter. Almanack Investment Partners LLC. now owns 20,979 shares of the exchange traded fund’s stock valued at $1,191,000 after buying an additional 16,481 shares in the last quarter. MWA Asset Management increased its holdings in SPDR S&P Metals & Mining ETF by 7.8% in the 4th quarter. MWA Asset Management now owns 5,554 shares of the exchange traded fund’s stock worth $315,000 after acquiring an additional 404 shares in the last quarter. Strategic Financial Concepts LLC purchased a new position in SPDR S&P Metals & Mining ETF during the fourth quarter valued at approximately $2,254,000. Finally, Financial Advocates Investment Management increased its stake in shares of SPDR S&P Metals & Mining ETF by 18.4% in the fourth quarter. Financial Advocates Investment Management now owns 235,632 shares of the exchange traded fund’s stock worth $13,372,000 after purchasing an additional 36,691 shares in the last quarter.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of SPDR S&P Metals & Mining ETF stock opened at $62.54 on Tuesday. The company has a fifty day moving average of $60.07 and a 200 day moving average of $61.55. SPDR S&P Metals & Mining ETF has a fifty-two week low of $53.38 and a fifty-two week high of $70.49. The company has a market capitalization of $2.11 billion, a P/E ratio of 6.15 and a beta of 1.20.

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.