SPDR S&P Metals & Mining ETF (NYSEARCA:XME) Shares Sold by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. cut its stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 46.2% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 7,000 shares of the exchange traded fund’s stock after selling 6,000 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in SPDR S&P Metals & Mining ETF were worth $446,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of XME. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of SPDR S&P Metals & Mining ETF during the third quarter worth approximately $133,812,000. PointState Capital LP purchased a new stake in shares of SPDR S&P Metals & Mining ETF during the third quarter worth $39,522,000. Meitav Investment House Ltd. raised its position in shares of SPDR S&P Metals & Mining ETF by 78.0% in the second quarter. Meitav Investment House Ltd. now owns 1,026,759 shares of the exchange traded fund’s stock valued at $60,902,000 after buying an additional 450,000 shares during the last quarter. Mirae Asset Securities USA Inc. purchased a new position in shares of SPDR S&P Metals & Mining ETF in the second quarter worth about $14,832,000. Finally, Raymond James & Associates boosted its position in SPDR S&P Metals & Mining ETF by 274.5% during the third quarter. Raymond James & Associates now owns 305,812 shares of the exchange traded fund’s stock worth $19,486,000 after acquiring an additional 224,151 shares during the last quarter.

SPDR S&P Metals & Mining ETF Trading Down 2.4 %

XME stock opened at $62.03 on Monday. The firm has a 50-day moving average of $66.01 and a two-hundred day moving average of $62.19. SPDR S&P Metals & Mining ETF has a 12 month low of $53.38 and a 12 month high of $70.49. The company has a market cap of $2.09 billion, a price-to-earnings ratio of 6.15 and a beta of 1.20.

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.