Daiwa Securities Group Inc. Lowers Position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Daiwa Securities Group Inc. cut its holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 11.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,480 shares of the exchange traded fund’s stock after selling 2,400 shares during the quarter. Daiwa Securities Group Inc. owned approximately 0.05% of SPDR S&P Metals & Mining ETF worth $1,106,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. CWM LLC increased its holdings in shares of SPDR S&P Metals & Mining ETF by 27.7% during the third quarter. CWM LLC now owns 2,747 shares of the exchange traded fund’s stock valued at $144,000 after acquiring an additional 596 shares in the last quarter. AE Wealth Management LLC increased its holdings in SPDR S&P Metals & Mining ETF by 12.1% in the 3rd quarter. AE Wealth Management LLC now owns 4,528 shares of the exchange traded fund’s stock worth $238,000 after buying an additional 490 shares during the period. CX Institutional acquired a new position in SPDR S&P Metals & Mining ETF in the 3rd quarter worth approximately $381,000. Family Firm Inc. increased its holdings in SPDR S&P Metals & Mining ETF by 3.3% in the 3rd quarter. Family Firm Inc. now owns 22,644 shares of the exchange traded fund’s stock worth $1,189,000 after buying an additional 717 shares during the period. Finally, Cumberland Advisors Inc. increased its holdings in SPDR S&P Metals & Mining ETF by 345.9% in the 3rd quarter. Cumberland Advisors Inc. now owns 191,090 shares of the exchange traded fund’s stock worth $10,032,000 after buying an additional 148,235 shares during the period.

SPDR S&P Metals & Mining ETF Trading Down 0.3 %

SPDR S&P Metals & Mining ETF stock opened at $59.33 on Thursday. SPDR S&P Metals & Mining ETF has a 12 month low of $44.17 and a 12 month high of $63.59. The stock’s 50 day simple moving average is $58.66 and its two-hundred day simple moving average is $56.04. The firm has a market cap of $2.00 billion, a PE ratio of 6.36 and a beta of 1.24.

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.