Tradewinds LLC. Grows Stock Position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Tradewinds LLC. boosted its holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 1.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 90,370 shares of the exchange traded fund’s stock after acquiring an additional 918 shares during the period. SPDR S&P Metals & Mining ETF accounts for about 1.8% of Tradewinds LLC.’s investment portfolio, making the stock its 17th largest position. Tradewinds LLC.’s holdings in SPDR S&P Metals & Mining ETF were worth $5,758,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in XME. Global Trust Asset Management LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the third quarter valued at $25,000. Zions Bancorporation N.A. acquired a new position in SPDR S&P Metals & Mining ETF in the 2nd quarter valued at about $30,000. Asset Dedication LLC lifted its holdings in SPDR S&P Metals & Mining ETF by 963.5% in the 2nd quarter. Asset Dedication LLC now owns 553 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 501 shares in the last quarter. Strategic Investment Solutions Inc. IL purchased a new stake in shares of SPDR S&P Metals & Mining ETF during the second quarter worth about $33,000. Finally, Headlands Technologies LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF in the second quarter valued at approximately $35,000.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of XME opened at $67.11 on Thursday. The company has a market capitalization of $2.26 billion, a price-to-earnings ratio of 6.15 and a beta of 1.20. SPDR S&P Metals & Mining ETF has a 1 year low of $52.31 and a 1 year high of $70.49. The company’s 50 day simple moving average is $64.15 and its 200 day simple moving average is $61.71.

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.