Nwam LLC Makes New Investment in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Nwam LLC bought a new stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,686 shares of the exchange traded fund’s stock, valued at approximately $209,000.

Other large investors also recently made changes to their positions in the company. Independence Bank of Kentucky acquired a new position in shares of SPDR S&P Metals & Mining ETF during the 4th quarter worth approximately $31,000. Spire Wealth Management grew its position in SPDR S&P Metals & Mining ETF by 35.4% during the fourth quarter. Spire Wealth Management now owns 948 shares of the exchange traded fund’s stock worth $54,000 after buying an additional 248 shares in the last quarter. Wilmington Savings Fund Society FSB grew its position in SPDR S&P Metals & Mining ETF by 200.6% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 959 shares of the exchange traded fund’s stock worth $54,000 after buying an additional 640 shares in the last quarter. Continuum Advisory LLC bought a new position in SPDR S&P Metals & Mining ETF during the 3rd quarter worth $55,000. Finally, RPg Family Wealth Advisory LLC acquired a new position in SPDR S&P Metals & Mining ETF in the 3rd quarter valued at $61,000.

SPDR S&P Metals & Mining ETF Stock Performance

XME opened at $58.10 on Friday. SPDR S&P Metals & Mining ETF has a 52-week low of $53.38 and a 52-week high of $70.49. The firm has a market cap of $1.53 billion, a P/E ratio of 13.74 and a beta of 1.41. The business’s fifty day moving average is $59.25 and its 200-day moving average is $61.64.

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.