Capital Wealth Planning LLC Has $4.97 Million Holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Capital Wealth Planning LLC lifted its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 297.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 87,644 shares of the exchange traded fund’s stock after buying an additional 65,567 shares during the period. Capital Wealth Planning LLC owned about 0.26% of SPDR S&P Metals & Mining ETF worth $4,974,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of XME. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter worth approximately $133,812,000. PointState Capital LP acquired a new position in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter worth approximately $39,522,000. Citigroup Inc. raised its holdings in shares of SPDR S&P Metals & Mining ETF by 81.7% in the 3rd quarter. Citigroup Inc. now owns 291,404 shares of the exchange traded fund’s stock worth $18,568,000 after buying an additional 131,050 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of SPDR S&P Metals & Mining ETF by 21.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 624,702 shares of the exchange traded fund’s stock worth $39,806,000 after buying an additional 108,336 shares in the last quarter. Finally, Heritage Oak Wealth Advisors LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF in the 4th quarter worth approximately $2,631,000.

SPDR S&P Metals & Mining ETF Trading Up 0.9 %

Shares of XME opened at $58.10 on Friday. The stock has a market cap of $1.53 billion, a PE ratio of 13.74 and a beta of 1.41. SPDR S&P Metals & Mining ETF has a 1 year low of $53.38 and a 1 year high of $70.49. The stock has a 50 day simple moving average of $59.25 and a 200-day simple moving average of $61.64.

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.