Mariner LLC Sells 28,891 Shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Mariner LLC decreased its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 49.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,806 shares of the exchange traded fund’s stock after selling 28,891 shares during the period. Mariner LLC owned about 0.09% of SPDR S&P Metals & Mining ETF worth $1,691,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Atria Wealth Solutions Inc. raised its stake in shares of SPDR S&P Metals & Mining ETF by 113.8% during the fourth quarter. Atria Wealth Solutions Inc. now owns 12,737 shares of the exchange traded fund’s stock worth $723,000 after acquiring an additional 6,780 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of SPDR S&P Metals & Mining ETF during the 4th quarter valued at $20,983,000. Sequoia Financial Advisors LLC raised its position in SPDR S&P Metals & Mining ETF by 30.2% in the 4th quarter. Sequoia Financial Advisors LLC now owns 13,560 shares of the exchange traded fund’s stock worth $770,000 after purchasing an additional 3,144 shares during the period. Modern Wealth Management LLC lifted its stake in 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 worth $644,000 after purchasing an additional 627 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in SPDR S&P Metals & Mining ETF by 21.0% during the third quarter. JPMorgan Chase & Co. now owns 624,702 shares of the exchange traded fund’s stock valued at $39,806,000 after buying an additional 108,336 shares during the period.

SPDR S&P Metals & Mining ETF Trading Up 3.3 %

XME opened at $57.20 on Friday. SPDR S&P Metals & Mining ETF has a 12 month low of $45.89 and a 12 month high of $70.49. The business’s 50-day moving average price is $55.94 and its 200-day moving average price is $60.38. The company has a market cap of $1.54 billion, a P/E ratio of 16.39 and a beta of 1.30.

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.