SPDR S&P Metals & Mining ETF $XME Shares Sold by Jennison Associates LLC

Jennison Associates LLC reduced its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 17.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 67,898 shares of the exchange traded fund’s stock after selling 14,810 shares during the period. Jennison Associates LLC owned 0.15% of SPDR S&P Metals & Mining ETF worth $7,334,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Lodestone Wealth Management LLC bought a new stake in shares of SPDR S&P Metals & Mining ETF in the 4th quarter worth approximately $25,000. Kohmann Bosshard Financial Services LLC acquired a new stake in SPDR S&P Metals & Mining ETF in the fourth quarter worth $25,000. Turtle Creek Wealth Advisors LLC acquired a new stake in SPDR S&P Metals & Mining ETF in the first quarter worth $27,000. Geneos Wealth Management Inc. acquired a new stake in SPDR S&P Metals & Mining ETF in the fourth quarter worth $30,000. Finally, Evolution Wealth Management Inc. lifted its stake in SPDR S&P Metals & Mining ETF by 72.1% in the fourth quarter. Evolution Wealth Management Inc. now owns 296 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 124 shares during the last quarter. 86.55% of the stock is owned by institutional investors.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of XME opened at $101.60 on Wednesday. SPDR S&P Metals & Mining ETF has a 1 year low of $71.07 and a 1 year high of $135.68. The company has a market cap of $4.04 billion, a price-to-earnings ratio of 21.07 and a beta of 1.26. The firm has a fifty day moving average of $113.19 and a 200-day moving average of $115.49.

SPDR S&P Metals & Mining ETF Company Profile