ARS Investment Partners LLC Sells 23,385 Shares of SPDR S&P Metals & Mining ETF $XME

ARS Investment Partners LLC lowered its holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XMEFree Report) by 34.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 44,583 shares of the exchange traded fund’s stock after selling 23,385 shares during the quarter. ARS Investment Partners LLC owned about 0.14% of SPDR S&P Metals & Mining ETF worth $4,155,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Menora Mivtachim Holdings LTD. boosted its holdings in shares of SPDR S&P Metals & Mining ETF by 225.5% in the 2nd quarter. Menora Mivtachim Holdings LTD. now owns 2,793,050 shares of the exchange traded fund’s stock worth $187,749,000 after buying an additional 1,935,000 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in SPDR S&P Metals & Mining ETF by 2,642.0% in the second quarter. JPMorgan Chase & Co. now owns 1,959,322 shares of the exchange traded fund’s stock valued at $131,706,000 after acquiring an additional 1,887,867 shares during the last quarter. SCS Capital Management LLC boosted its stake in SPDR S&P Metals & Mining ETF by 1.9% in the second quarter. SCS Capital Management LLC now owns 455,434 shares of the exchange traded fund’s stock valued at $30,614,000 after acquiring an additional 8,687 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of SPDR S&P Metals & Mining ETF during the 1st quarter valued at approximately $8,260,000. Finally, Volterra Technologies LP bought a new position in shares of SPDR S&P Metals & Mining ETF during the 2nd quarter worth $9,769,000. Hedge funds and other institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Trading Down 0.1%

SPDR S&P Metals & Mining ETF stock opened at $107.87 on Thursday. SPDR S&P Metals & Mining ETF has a 1-year low of $45.89 and a 1-year high of $111.09. The firm has a market capitalization of $3.40 billion, a price-to-earnings ratio of 21.07 and a beta of 1.28. The firm has a 50 day simple moving average of $97.62 and a 200 day simple moving average of $86.10.

About SPDR S&P Metals & Mining ETF

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

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