Yong Rong HK Asset Management Ltd Invests $3.11 Million in SPDR S&P Metals & Mining ETF $XME

Yong Rong HK Asset Management Ltd acquired a new position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) in the 4th quarter, Holdings Channel reports. The fund acquired 30,000 shares of the exchange traded fund’s stock, valued at approximately $3,109,000. SPDR S&P Metals & Mining ETF makes up 0.9% of Yong Rong HK Asset Management Ltd’s investment portfolio, making the stock its 14th biggest position.

Several other institutional investors and hedge funds also recently modified their holdings of the company. IMC Chicago LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF during the fourth quarter worth about $1,267,000. D.A. Davidson & CO. boosted its position in shares of SPDR S&P Metals & Mining ETF by 7.9% during the fourth quarter. D.A. Davidson & CO. now owns 3,655 shares of the exchange traded fund’s stock worth $379,000 after buying an additional 268 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF during the fourth quarter worth about $1,652,000. Riggs Asset Managment Co. Inc. boosted its position in shares of SPDR S&P Metals & Mining ETF by 2.3% during the fourth quarter. Riggs Asset Managment Co. Inc. now owns 4,234 shares of the exchange traded fund’s stock worth $439,000 after buying an additional 94 shares during the period. Finally, Geneos Wealth Management Inc. acquired a new position in shares of SPDR S&P Metals & Mining ETF during the fourth quarter worth about $30,000. 86.55% of the stock is owned by institutional investors and hedge funds.

SPDR S&P Metals & Mining ETF Price Performance

XME stock opened at $120.20 on Tuesday. The stock has a market capitalization of $5.20 billion, a P/E ratio of 21.07 and a beta of 1.24. The business has a 50-day moving average of $113.34 and a 200-day moving average of $109.11. SPDR S&P Metals & Mining ETF has a fifty-two week low of $54.91 and a fifty-two week high of $135.68.

SPDR S&P Metals & Mining ETF Company Profile