JPMorgan Chase & Co. decreased its holdings in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) by 82.7% during the 3rd quarter, Holdings Channel reports. The firm owned 338,376 shares of the exchange traded fund’s stock after selling 1,620,946 shares during the quarter. JPMorgan Chase & Co.’s holdings in SPDR S&P Metals & Mining ETF were worth $31,533,000 at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in XME. Allworth Financial LP increased its holdings in SPDR S&P Metals & Mining ETF by 13.7% in the third quarter. Allworth Financial LP now owns 3,768 shares of the exchange traded fund’s stock worth $351,000 after purchasing an additional 453 shares in the last quarter. Maven Securities LTD lifted its stake in SPDR S&P Metals & Mining ETF by 80.6% in the third quarter. Maven Securities LTD now owns 50,847 shares of the exchange traded fund’s stock valued at $4,741,000 after buying an additional 22,691 shares during the period. Sunbelt Securities Inc. boosted its holdings in shares of SPDR S&P Metals & Mining ETF by 49.5% during the 3rd quarter. Sunbelt Securities Inc. now owns 598 shares of the exchange traded fund’s stock worth $56,000 after buying an additional 198 shares in the last quarter. Advisory Services Network LLC boosted its holdings in shares of SPDR S&P Metals & Mining ETF by 5.8% during the 3rd quarter. Advisory Services Network LLC now owns 10,806 shares of the exchange traded fund’s stock worth $1,007,000 after buying an additional 597 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in shares of SPDR S&P Metals & Mining ETF by 116.3% during the 3rd quarter. NewEdge Advisors LLC now owns 5,578 shares of the exchange traded fund’s stock worth $520,000 after buying an additional 2,999 shares during the period. Institutional investors and hedge funds own 86.55% of the company’s stock.
SPDR S&P Metals & Mining ETF Stock Down 3.3%
NYSEARCA:XME opened at $101.73 on Monday. The company has a fifty day moving average of $118.98 and a 200-day moving average of $105.19. The firm has a market capitalization of $3.87 billion, a P/E ratio of 21.07 and a beta of 1.28. SPDR S&P Metals & Mining ETF has a twelve month low of $45.89 and a twelve month high of $135.68.
SPDR S&P Metals & Mining ETF Company Profile
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