MWA Asset Management Invests $328,000 in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

MWA Asset Management acquired a new stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 5,150 shares of the exchange traded fund’s stock, valued at approximately $328,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. B. Riley Wealth Advisors Inc. boosted its holdings in shares of SPDR S&P Metals & Mining ETF by 3.4% in the first quarter. B. Riley Wealth Advisors Inc. now owns 5,955 shares of the exchange traded fund’s stock valued at $359,000 after purchasing an additional 198 shares during the period. E&G Advisors LP lifted its holdings in shares of SPDR S&P Metals & Mining ETF by 2.4% in the 2nd quarter. E&G Advisors LP now owns 10,116 shares of the exchange traded fund’s stock worth $600,000 after buying an additional 240 shares during the period. Founders Financial Alliance LLC grew its position in shares of SPDR S&P Metals & Mining ETF by 1.8% during the 2nd quarter. Founders Financial Alliance LLC now owns 14,319 shares of the exchange traded fund’s stock worth $850,000 after buying an additional 259 shares in the last quarter. Farther Finance Advisors LLC increased its stake in shares of SPDR S&P Metals & Mining ETF by 5.9% during the third quarter. Farther Finance Advisors LLC now owns 5,253 shares of the exchange traded fund’s stock valued at $335,000 after buying an additional 295 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of SPDR S&P Metals & Mining ETF by 7.5% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 4,380 shares of the exchange traded fund’s stock valued at $260,000 after buying an additional 306 shares during the period.

SPDR S&P Metals & Mining ETF Price Performance

NYSEARCA:XME opened at $66.99 on Wednesday. SPDR S&P Metals & Mining ETF has a 1-year low of $52.31 and a 1-year high of $70.49. The company has a 50-day moving average of $63.92 and a 200 day moving average of $61.67. The firm has a market cap of $2.26 billion, a PE ratio of 6.15 and a beta of 1.20.

SPDR S&P Metals & Mining ETF Company 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.