Ibex Wealth Advisors Makes New $501,000 Investment in SPDR S&P Metals & Mining ETF $XME

Ibex Wealth Advisors bought a new position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) in the third quarter, according to its most recent disclosure with the SEC. The firm bought 5,381 shares of the exchange traded fund’s stock, valued at approximately $501,000.

Other institutional investors have also modified their holdings of the company. Focus Partners Wealth boosted its position in shares of SPDR S&P Metals & Mining ETF by 60.3% during the 1st quarter. Focus Partners Wealth now owns 9,056 shares of the exchange traded fund’s stock valued at $507,000 after acquiring an additional 3,407 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. purchased a new position in SPDR S&P Metals & Mining ETF during the second quarter worth about $807,000. Envestnet Asset Management Inc. boosted its holdings in SPDR S&P Metals & Mining ETF by 20.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 25,695 shares of the exchange traded fund’s stock valued at $1,727,000 after purchasing an additional 4,335 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new position in SPDR S&P Metals & Mining ETF in the 2nd quarter valued at about $1,462,000. Finally, World Investment Advisors purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the 2nd quarter valued at approximately $224,000. Hedge funds and other institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Price Performance

Shares of NYSEARCA XME opened at $119.35 on Friday. The company has a market capitalization of $4.54 billion, a P/E ratio of 21.07 and a beta of 1.28. The company has a 50 day simple moving average of $118.10 and a 200-day simple moving average of $101.70. SPDR S&P Metals & Mining ETF has a 1 year low of $45.89 and a 1 year high of $135.68.

SPDR S&P Metals & Mining ETF Profile