Chicago Wealth Management Inc. Buys New Position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Chicago Wealth Management Inc. purchased a new position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,422 shares of the exchange traded fund’s stock, valued at approximately $203,000.

A number of other institutional investors and hedge funds have also bought and sold shares of XME. DRW Securities LLC bought a new stake in SPDR S&P Metals & Mining ETF in the 2nd quarter worth about $523,000. Thrivent Financial for Lutherans grew its holdings in shares of SPDR S&P Metals & Mining ETF by 511.4% in the second quarter. Thrivent Financial for Lutherans now owns 22,119 shares of the exchange traded fund’s stock valued at $1,312,000 after acquiring an additional 18,501 shares in the last quarter. ASB Consultores LLC increased its position in shares of SPDR S&P Metals & Mining ETF by 42.1% during the second quarter. ASB Consultores LLC now owns 49,897 shares of the exchange traded fund’s stock valued at $2,960,000 after acquiring an additional 14,780 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in SPDR S&P Metals & Mining ETF by 41.7% during the second quarter. Envestnet Asset Management Inc. now owns 132,317 shares of the exchange traded fund’s stock worth $7,850,000 after acquiring an additional 38,959 shares during the period. Finally, Zions Bancorporation N.A. purchased a new position in SPDR S&P Metals & Mining ETF in the second quarter worth $30,000.

SPDR S&P Metals & Mining ETF Price Performance

Shares of SPDR S&P Metals & Mining ETF stock opened at $64.20 on Friday. The firm has a market cap of $2.17 billion, a PE ratio of 6.15 and a beta of 1.20. SPDR S&P Metals & Mining ETF has a 1 year low of $48.01 and a 1 year high of $65.37. The stock has a fifty day moving average price of $59.13 and a 200-day moving average price of $60.29.

SPDR S&P Metals & Mining ETF 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.