Tradewinds LLC. Sells 5,107 Shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Tradewinds LLC. reduced its holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 5.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 85,263 shares of the exchange traded fund’s stock after selling 5,107 shares during the period. SPDR S&P Metals & Mining ETF makes up about 1.5% of Tradewinds LLC.’s investment portfolio, making the stock its 22nd biggest position. Tradewinds LLC. owned approximately 0.25% of SPDR S&P Metals & Mining ETF worth $5,300,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Blair William & Co. IL increased its stake in shares of SPDR S&P Metals & Mining ETF by 0.7% in the 4th quarter. Blair William & Co. IL now owns 33,288 shares of the exchange traded fund’s stock valued at $1,889,000 after acquiring an additional 233 shares during the last quarter. MML Investors Services LLC grew its holdings in SPDR S&P Metals & Mining ETF by 3.1% during the third quarter. MML Investors Services LLC now owns 7,996 shares of the exchange traded fund’s stock valued at $509,000 after purchasing an additional 238 shares during the period. Spire Wealth Management increased its stake in SPDR S&P Metals & Mining ETF by 35.4% in the fourth quarter. Spire Wealth Management now owns 948 shares of the exchange traded fund’s stock valued at $54,000 after purchasing an additional 248 shares in the last quarter. Brown Brothers Harriman & Co. raised its holdings in SPDR S&P Metals & Mining ETF by 15.5% in the fourth quarter. Brown Brothers Harriman & Co. now owns 1,866 shares of the exchange traded fund’s stock worth $106,000 after purchasing an additional 250 shares during the period. Finally, Dynamic Advisor Solutions LLC boosted its position in shares of SPDR S&P Metals & Mining ETF by 1.2% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 29,736 shares of the exchange traded fund’s stock worth $1,687,000 after purchasing an additional 355 shares in the last quarter.

SPDR S&P Metals & Mining ETF Stock Down 1.1 %

Shares of XME stock opened at $55.99 on Tuesday. SPDR S&P Metals & Mining ETF has a 12-month low of $53.05 and a 12-month high of $70.49. The firm has a fifty day moving average of $58.86 and a 200-day moving average of $61.56. The firm has a market capitalization of $1.55 billion, a price-to-earnings ratio of 17.04 and a beta of 1.41.

SPDR S&P Metals & Mining ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were paid a $0.0688 dividend. The ex-dividend date was 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.