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

Daiwa Securities Group Inc. trimmed its position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 11.5% during the fourth quarter, HoldingsChannel.com reports. 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.’s holdings in SPDR S&P Metals & Mining ETF were worth $1,106,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Fifth Third Bancorp purchased a new stake in shares of SPDR S&P Metals & Mining ETF during the 4th quarter valued at about $42,000. Whittier Trust Co. raised its holdings in shares of SPDR S&P Metals & Mining ETF by 99.5% during the 3rd quarter. Whittier Trust Co. now owns 788 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 393 shares during the period. TFO Wealth Partners LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF during the 3rd quarter valued at about $49,000. CWM LLC raised its holdings in shares of SPDR S&P Metals & Mining ETF by 27.7% during the 3rd quarter. CWM LLC now owns 2,747 shares of the exchange traded fund’s stock valued at $144,000 after buying an additional 596 shares during the period. Finally, Choate Investment Advisors raised its holdings in shares of SPDR S&P Metals & Mining ETF by 334.9% during the 3rd quarter. Choate Investment Advisors now owns 3,436 shares of the exchange traded fund’s stock valued at $180,000 after buying an additional 2,646 shares during the period.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of NYSEARCA:XME opened at $59.33 on Thursday. The company has a market cap of $2.00 billion, a P/E ratio of 6.36 and a beta of 1.24. SPDR S&P Metals & Mining ETF has a one year low of $44.17 and a one year high of $63.59. The business’s 50-day simple moving average is $58.66 and its 200 day simple moving average is $56.04.

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.