Marshall Investment Management LLC Purchases New Holdings in SPDR S&P Metals & Mining ETF $XME

Marshall Investment Management LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XMEFree Report) in the fourth quarter, Holdings Channel reports. The firm purchased 6,695 shares of the exchange traded fund’s stock, valued at approximately $694,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF during the fourth quarter valued at approximately $25,000. Lodestone Wealth Management LLC bought a new position in SPDR S&P Metals & Mining ETF during the fourth quarter valued at $25,000. Geneos Wealth Management Inc. bought a new position in SPDR S&P Metals & Mining ETF during the fourth quarter valued at $30,000. Legacy Wealth Managment LLC ID grew its holdings in SPDR S&P Metals & Mining ETF by 91.6% during the fourth quarter. Legacy Wealth Managment LLC ID now owns 479 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 229 shares during the period. Finally, Root Financial Partners LLC bought a new position in SPDR S&P Metals & Mining ETF during the third quarter valued at $51,000. 86.55% of the stock is owned by hedge funds and other institutional investors.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of NYSEARCA XME opened at $117.07 on Tuesday. The stock has a fifty day simple moving average of $113.99 and a two-hundred day simple moving average of $111.35. SPDR S&P Metals & Mining ETF has a 1-year low of $58.28 and a 1-year high of $135.68. The firm has a market cap of $5.27 billion, a price-to-earnings ratio of 21.07 and a beta of 1.23.

About SPDR S&P Metals & Mining ETF

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Institutional Ownership by Quarter for SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

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