Lake Hills Wealth Management LLC Acquires 72,146 Shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Lake Hills Wealth Management LLC lifted its holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 137.2% during the 1st quarter, Holdings Channel reports. The fund owned 124,714 shares of the exchange traded fund’s stock after acquiring an additional 72,146 shares during the quarter. SPDR S&P Metals & Mining ETF makes up approximately 4.8% of Lake Hills Wealth Management LLC’s portfolio, making the stock its 8th biggest position. Lake Hills Wealth Management LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $6,983,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of XME. Bank of America Corp DE lifted its holdings in SPDR S&P Metals & Mining ETF by 24.4% during the 4th quarter. Bank of America Corp DE now owns 2,458,016 shares of the exchange traded fund’s stock worth $139,492,000 after buying an additional 481,655 shares in the last quarter. LPL Financial LLC lifted its holdings in SPDR S&P Metals & Mining ETF by 17.6% during the 4th quarter. LPL Financial LLC now owns 435,022 shares of the exchange traded fund’s stock worth $24,687,000 after buying an additional 65,102 shares in the last quarter. Raymond James Financial Inc. acquired a new position in SPDR S&P Metals & Mining ETF during the 4th quarter worth $20,983,000. HighTower Advisors LLC lifted its holdings in SPDR S&P Metals & Mining ETF by 33.6% during the 4th quarter. HighTower Advisors LLC now owns 339,363 shares of the exchange traded fund’s stock worth $19,259,000 after buying an additional 85,382 shares in the last quarter. Finally, Capital Fund Management S.A. lifted its holdings in SPDR S&P Metals & Mining ETF by 1,082.4% during the 4th quarter. Capital Fund Management S.A. now owns 126,727 shares of the exchange traded fund’s stock worth $7,192,000 after buying an additional 139,627 shares in the last quarter.

SPDR S&P Metals & Mining ETF Stock Performance

NYSEARCA:XME opened at $64.41 on Friday. The stock’s fifty day moving average price is $57.05 and its two-hundred day moving average price is $59.08. SPDR S&P Metals & Mining ETF has a 52-week low of $45.89 and a 52-week high of $70.49. The company has a market cap of $1.81 billion, a price-to-earnings ratio of 16.03 and a beta of 1.26.

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.