SG Americas Securities LLC Cuts Stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

SG Americas Securities LLC trimmed its holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 13.0% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 369,791 shares of the exchange traded fund’s stock after selling 55,326 shares during the period. SG Americas Securities LLC owned 2.44% of SPDR S&P Metals & Mining ETF worth $10,975,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. National Asset Management Inc. raised its holdings in SPDR S&P Metals & Mining ETF by 5.6% during the fourth quarter. National Asset Management Inc. now owns 9,409 shares of the exchange traded fund’s stock worth $247,000 after purchasing an additional 503 shares in the last quarter. Advisor Group Inc. grew its position in SPDR S&P Metals & Mining ETF by 13.0% during the fourth quarter. Advisor Group Inc. now owns 4,734 shares of the exchange traded fund’s stock worth $125,000 after buying an additional 544 shares during the period. Eqis Capital Management Inc. grew its position in SPDR S&P Metals & Mining ETF by 2.0% during the first quarter. Eqis Capital Management Inc. now owns 28,614 shares of the exchange traded fund’s stock worth $849,000 after buying an additional 549 shares during the period. Gradient Investments LLC grew its position in SPDR S&P Metals & Mining ETF by 300.0% during the first quarter. Gradient Investments LLC now owns 1,200 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 900 shares during the period. Finally, Daiwa Securities Group Inc. grew its position in SPDR S&P Metals & Mining ETF by 13.8% during the first quarter. Daiwa Securities Group Inc. now owns 14,000 shares of the exchange traded fund’s stock worth $416,000 after buying an additional 1,700 shares during the period.

Shares of XME stock traded down $0.58 during trading hours on Wednesday, hitting $26.19. The company’s stock had a trading volume of 143,084 shares, compared to its average volume of 2,308,259. SPDR S&P Metals & Mining ETF has a twelve month low of $25.06 and a twelve month high of $38.77.

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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.

Featured Article: Quiet Period

Institutional Ownership by Quarter for SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

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