Tradewinds LLC. Has $5.30 Million Stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Tradewinds LLC. reduced its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 5.7% during the 4th quarter, HoldingsChannel reports. The fund owned 85,263 shares of the exchange traded fund’s stock after selling 5,107 shares during the quarter. SPDR S&P Metals & Mining ETF comprises 1.5% of Tradewinds LLC.’s investment portfolio, making the stock its 22nd largest position. Tradewinds LLC.’s holdings in SPDR S&P Metals & Mining ETF were worth $5,300,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Independence Bank of Kentucky bought a new stake in shares of SPDR S&P Metals & Mining ETF in the fourth quarter valued at about $31,000. Continuum Advisory LLC acquired a new stake in SPDR S&P Metals & Mining ETF in the 3rd quarter valued at approximately $55,000. Spire Wealth Management raised its position in SPDR S&P Metals & Mining ETF by 35.4% in the 4th quarter. Spire Wealth Management now owns 948 shares of the exchange traded fund’s stock valued at $54,000 after buying an additional 248 shares during the last quarter. Wilmington Savings Fund Society FSB lifted its stake in SPDR S&P Metals & Mining ETF by 200.6% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 959 shares of the exchange traded fund’s stock valued at $54,000 after acquiring an additional 640 shares in the last quarter. Finally, Rialto Wealth Management LLC acquired a new position in SPDR S&P Metals & Mining ETF during the 4th quarter worth approximately $102,000.

SPDR S&P Metals & Mining ETF Stock Down 1.1 %

NYSEARCA XME opened at $55.99 on Tuesday. SPDR S&P Metals & Mining ETF has a 12-month low of $53.05 and a 12-month high of $70.49. The firm’s 50 day moving average is $58.86 and its 200-day moving average is $61.56. The company has a market capitalization of $1.55 billion, a PE ratio of 17.04 and a beta of 1.41.

SPDR S&P Metals & Mining ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were given a dividend of $0.0688 per share. The ex-dividend date was Monday, March 24th.

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.