23,338 Shares in SPDR S&P Metals & Mining ETF $XME Bought by Moulton Wealth Management Inc.

Moulton Wealth Management Inc. purchased a new stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 23,338 shares of the exchange traded fund’s stock, valued at approximately $2,510,000. SPDR S&P Metals & Mining ETF comprises about 1.7% of Moulton Wealth Management Inc.’s holdings, making the stock its 11th biggest holding. Moulton Wealth Management Inc. owned approximately 0.07% of SPDR S&P Metals & Mining ETF as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. SMI Advisory Services LLC grew its stake in shares of SPDR S&P Metals & Mining ETF by 0.7% in the 4th quarter. SMI Advisory Services LLC now owns 111,207 shares of the exchange traded fund’s stock worth $11,522,000 after acquiring an additional 790 shares in the last quarter. Cadent Capital Advisors LLC boosted its holdings in SPDR S&P Metals & Mining ETF by 122.5% during the fourth quarter. Cadent Capital Advisors LLC now owns 20,471 shares of the exchange traded fund’s stock worth $2,121,000 after purchasing an additional 11,271 shares during the last quarter. Heartwood Wealth Advisors LLC grew its position in SPDR S&P Metals & Mining ETF by 4.0% in the 4th quarter. Heartwood Wealth Advisors LLC now owns 18,075 shares of the exchange traded fund’s stock worth $1,873,000 after purchasing an additional 695 shares in the last quarter. Daymark Wealth Partners LLC grew its position in SPDR S&P Metals & Mining ETF by 19.6% in the 4th quarter. Daymark Wealth Partners LLC now owns 7,319 shares of the exchange traded fund’s stock worth $758,000 after purchasing an additional 1,200 shares in the last quarter. Finally, SG Americas Securities LLC increased its stake in SPDR S&P Metals & Mining ETF by 88.1% in the 4th quarter. SG Americas Securities LLC now owns 90,825 shares of the exchange traded fund’s stock valued at $9,410,000 after buying an additional 42,535 shares during the last quarter. 86.55% of the stock is owned by hedge funds and other institutional investors.

SPDR S&P Metals & Mining ETF Stock Down 2.8%

SPDR S&P Metals & Mining ETF stock opened at $104.92 on Friday. SPDR S&P Metals & Mining ETF has a 52 week low of $45.89 and a 52 week high of $135.68. The company’s 50 day moving average price is $117.71 and its two-hundred day moving average price is $105.52. The stock has a market cap of $3.99 billion, a P/E ratio of 21.07 and a beta of 1.28.

About SPDR S&P Metals & Mining ETF