Meridian Wealth Management LLC Acquires Shares of 6,331 SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Meridian Wealth Management LLC acquired a new stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 6,331 shares of the exchange traded fund’s stock, valued at approximately $359,000.

Several other large investors have also modified their holdings of XME. Independence Bank of Kentucky bought a new stake in shares of SPDR S&P Metals & Mining ETF in the 4th quarter valued at about $31,000. Spire Wealth Management raised its holdings in shares of SPDR S&P Metals & Mining ETF by 35.4% in the 4th quarter. Spire Wealth Management now owns 948 shares of the exchange traded fund’s stock valued at $54,000 after purchasing an additional 248 shares in the last quarter. Wilmington Savings Fund Society FSB raised its holdings in shares of SPDR S&P Metals & Mining ETF by 200.6% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 959 shares of the exchange traded fund’s stock valued at $54,000 after purchasing an additional 640 shares in the last quarter. Continuum Advisory LLC bought a new stake in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter valued at about $55,000. Finally, RPg Family Wealth Advisory LLC bought a new stake in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter valued at about $61,000.

SPDR S&P Metals & Mining ETF Stock Performance

NYSEARCA:XME opened at $57.30 on Thursday. SPDR S&P Metals & Mining ETF has a one year low of $53.38 and a one year high of $70.49. The firm has a market cap of $1.50 billion, a P/E ratio of 13.74 and a beta of 1.41. The firm has a 50-day simple moving average of $59.20 and a 200-day simple moving average of $61.64.

About SPDR S&P Metals & Mining ETF

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.