Lake Hills Wealth Management LLC Purchases Shares of 79,764 SPDR S&P Metals & Mining ETF $XME

Lake Hills Wealth Management LLC purchased a new position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 79,764 shares of the exchange traded fund’s stock, valued at approximately $8,264,000. SPDR S&P Metals & Mining ETF accounts for approximately 4.3% of Lake Hills Wealth Management LLC’s holdings, making the stock its 7th biggest holding.

A number of other institutional investors have also recently made changes to their positions in the company. Cetera Investment Advisers grew its holdings in shares of SPDR S&P Metals & Mining ETF by 62.9% in the second quarter. Cetera Investment Advisers now owns 78,510 shares of the exchange traded fund’s stock valued at $5,277,000 after purchasing an additional 30,310 shares in the last quarter. Cibc World Market Inc. increased its position in SPDR S&P Metals & Mining ETF by 22.2% in the third quarter. Cibc World Market Inc. now owns 33,766 shares of the exchange traded fund’s stock worth $3,147,000 after purchasing an additional 6,130 shares during the last quarter. Fisher Asset Management LLC raised its stake in SPDR S&P Metals & Mining ETF by 64.6% during the second quarter. Fisher Asset Management LLC now owns 28,288 shares of the exchange traded fund’s stock valued at $1,902,000 after purchasing an additional 11,100 shares in the last quarter. Columbus Macro LLC purchased a new stake in SPDR S&P Metals & Mining ETF during the third quarter valued at $509,000. Finally, MinichMacGregor Wealth Management LLC bought a new position in SPDR S&P Metals & Mining ETF during the third quarter valued at $447,000. Hedge funds and other institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Stock Down 3.3%

Shares of NYSEARCA:XME opened at $101.73 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 stock has a market capitalization of $3.87 billion, a P/E ratio of 21.07 and a beta of 1.28. The firm has a fifty day simple moving average of $118.98 and a two-hundred day simple moving average of $104.86.

SPDR S&P Metals & Mining ETF Profile