Insight 2811 Inc. Has $353,000 Position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Insight 2811 Inc. lessened its stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 7.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,222 shares of the exchange traded fund’s stock after selling 514 shares during the period. Insight 2811 Inc.’s holdings in SPDR S&P Metals & Mining ETF were worth $353,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of XME. Modern Wealth Management LLC grew its position in shares of SPDR S&P Metals & Mining ETF by 6.5% in the fourth quarter. Modern Wealth Management LLC now owns 10,299 shares of the exchange traded fund’s stock valued at $644,000 after purchasing an additional 627 shares during the last quarter. LPL Financial LLC boosted its holdings in SPDR S&P Metals & Mining ETF by 17.6% in the 4th quarter. LPL Financial LLC now owns 435,022 shares of the exchange traded fund’s stock valued at $24,687,000 after purchasing an additional 65,102 shares during the period. Quantbot Technologies LP acquired a new stake in SPDR S&P Metals & Mining ETF in the 4th quarter worth $888,000. Wellington Shields Capital Management LLC grew its position in SPDR S&P Metals & Mining ETF by 5.3% in the 4th quarter. Wellington Shields Capital Management LLC now owns 53,548 shares of the exchange traded fund’s stock worth $3,039,000 after purchasing an additional 2,679 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in shares of SPDR S&P Metals & Mining ETF by 9.0% during the 4th quarter. Farther Finance Advisors LLC now owns 5,724 shares of the exchange traded fund’s stock worth $325,000 after purchasing an additional 471 shares during the period.

SPDR S&P Metals & Mining ETF Stock Performance

NYSEARCA XME opened at $58.49 on Tuesday. SPDR S&P Metals & Mining ETF has a twelve month low of $53.05 and a twelve month high of $70.49. The stock has a market cap of $1.62 billion, a PE ratio of 17.04 and a beta of 1.41. The firm has a 50-day simple moving average of $59.08 and a 200 day simple moving average of $61.47.

SPDR S&P Metals & Mining ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th will be issued a dividend of $0.0688 per share. The ex-dividend date of this dividend is Monday, March 24th.

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.