Headlands Technologies LLC Makes New $35,000 Investment in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Headlands Technologies LLC purchased a new position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 586 shares of the exchange traded fund’s stock, valued at approximately $35,000.

A number of other hedge funds have also made changes to their positions in the business. Fox Hill Wealth Management increased its holdings in shares of SPDR S&P Metals & Mining ETF by 1.5% in the 1st quarter. Fox Hill Wealth Management now owns 10,843 shares of the exchange traded fund’s stock valued at $654,000 after acquiring an additional 164 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its holdings in shares of SPDR S&P Metals & Mining ETF by 3.4% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 5,955 shares of the exchange traded fund’s stock valued at $359,000 after acquiring an additional 198 shares during the last quarter. Almanack Investment Partners LLC. increased its holdings in shares of SPDR S&P Metals & Mining ETF by 4.8% in the 1st quarter. Almanack Investment Partners LLC. now owns 4,923 shares of the exchange traded fund’s stock valued at $297,000 after acquiring an additional 227 shares during the last quarter. E&G Advisors LP increased its holdings in shares of SPDR S&P Metals & Mining ETF by 2.4% in the 2nd quarter. E&G Advisors LP now owns 10,116 shares of the exchange traded fund’s stock valued at $600,000 after acquiring an additional 240 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of SPDR S&P Metals & Mining ETF by 7.5% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 4,380 shares of the exchange traded fund’s stock valued at $260,000 after purchasing an additional 306 shares during the period.

SPDR S&P Metals & Mining ETF Stock Up 0.1 %

Shares of NYSEARCA XME opened at $58.66 on Wednesday. The stock has a market cap of $1.98 billion, a PE ratio of 6.15 and a beta of 1.20. SPDR S&P Metals & Mining ETF has a 52-week low of $48.01 and a 52-week high of $65.37. The business has a 50-day moving average price of $59.41 and a 200 day moving average price of $60.07.

SPDR S&P Metals & Mining ETF Company Profile

SPDR S&P Metals & Mining ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P Metals & Mining Select Industry Index (the Index). The Index is an equal weighted market cap index. The Index represents the metals and mining sub-industry portion of the S&P Total Market Index.