Vanderbilt University trimmed its holdings in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) by 25.9% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 721,414 shares of the exchange traded fund’s stock after selling 252,145 shares during the period. SPDR S&P Metals & Mining ETF makes up approximately 14.8% of Vanderbilt University’s holdings, making the stock its 2nd largest position. Vanderbilt University owned approximately 1.69% of SPDR S&P Metals & Mining ETF worth $77,920,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. Focus Partners Wealth increased its position in 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 buying an additional 3,407 shares in the last quarter. Creative Planning bought a new stake in SPDR S&P Metals & Mining ETF in the second quarter worth $398,000. Caption Management LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the second quarter worth $2,608,000. Darwin Wealth Management LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the second quarter worth $1,294,000. Finally, MGB Wealth Management LLC grew its stake in shares of SPDR S&P Metals & Mining ETF by 16.8% in the second quarter. MGB Wealth Management LLC now owns 7,991 shares of the exchange traded fund’s stock worth $537,000 after acquiring an additional 1,150 shares during the last quarter. 86.55% of the stock is owned by institutional investors.
SPDR S&P Metals & Mining ETF Price Performance
Shares of NYSEARCA:XME opened at $107.22 on Thursday. The business has a fifty day moving average price of $119.05 and a 200-day moving average price of $115.48. The company has a market capitalization of $4.83 billion, a PE ratio of 21.07 and a beta of 1.23. SPDR S&P Metals & Mining ETF has a 1-year low of $65.09 and a 1-year high of $135.68.
About SPDR S&P Metals & Mining ETF
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