SPDR S&P Metals & Mining ETF $XME Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. reduced its position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 82.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 338,376 shares of the exchange traded fund’s stock after selling 1,620,946 shares during the period. JPMorgan Chase & Co. owned about 1.07% of SPDR S&P Metals & Mining ETF worth $31,533,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Root Financial Partners LLC acquired a new position in SPDR S&P Metals & Mining ETF during the 3rd quarter worth about $51,000. Glass Jacobson Investment Advisors llc purchased a new stake in SPDR S&P Metals & Mining ETF during the third quarter worth about $52,000. Assetmark Inc. lifted its position in shares of SPDR S&P Metals & Mining ETF by 33.0% during the third quarter. Assetmark Inc. now owns 572 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 142 shares in the last quarter. ORG Partners LLC purchased a new position in shares of SPDR S&P Metals & Mining ETF in the third quarter valued at approximately $59,000. Finally, Private Wealth Management Group LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF in the third quarter valued at approximately $60,000. Hedge funds and other institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Stock Down 0.6%

Shares of XME opened at $119.35 on Friday. The company has a market cap of $4.54 billion, a P/E ratio of 21.07 and a beta of 1.28. SPDR S&P Metals & Mining ETF has a fifty-two week low of $45.89 and a fifty-two week high of $135.68. The firm’s 50 day moving average price is $118.10 and its 200 day moving average price is $101.70.

SPDR S&P Metals & Mining ETF Profile