Jennison Associates LLC Sells 14,145 Shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Jennison Associates LLC decreased its position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 10.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 126,318 shares of the exchange traded fund’s stock after selling 14,145 shares during the period. Jennison Associates LLC owned 0.35% of SPDR S&P Metals & Mining ETF worth $7,558,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CWM LLC raised its stake in SPDR S&P Metals & Mining ETF by 62.8% during the 4th quarter. CWM LLC now owns 4,472 shares of the exchange traded fund’s stock worth $268,000 after acquiring an additional 1,725 shares during the period. Riggs Asset Managment Co. Inc. raised its position in shares of SPDR S&P Metals & Mining ETF by 3.0% during the fourth quarter. Riggs Asset Managment Co. Inc. now owns 89,952 shares of the exchange traded fund’s stock valued at $5,382,000 after buying an additional 2,603 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd raised its position in shares of SPDR S&P Metals & Mining ETF by 10.3% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 36,776 shares of the exchange traded fund’s stock valued at $2,199,000 after buying an additional 3,443 shares during the last quarter. Legend Financial Advisors Inc. raised its position in shares of SPDR S&P Metals & Mining ETF by 0.6% during the fourth quarter. Legend Financial Advisors Inc. now owns 114,116 shares of the exchange traded fund’s stock valued at $6,828,000 after buying an additional 711 shares during the last quarter. Finally, Roman Butler Fullerton & Co. bought a new stake in shares of SPDR S&P Metals & Mining ETF during the fourth quarter valued at approximately $247,000.

SPDR S&P Metals & Mining ETF Price Performance

SPDR S&P Metals & Mining ETF stock opened at $60.85 on Friday. The stock has a market cap of $2.05 billion, a P/E ratio of 6.36 and a beta of 1.24. SPDR S&P Metals & Mining ETF has a 1 year low of $44.17 and a 1 year high of $63.59. The firm’s 50 day moving average price is $58.80 and its 200-day moving average price is $56.09.

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.