First Allied Advisory Services Inc. purchased a new stake in SPDR S&P Metals and Mining (NYSEARCA:XME) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 45,413 shares of the exchange traded fund’s stock, valued at approximately $1,369,000.

Other institutional investors have also added to or reduced their stakes in the company. Moody Lynn & Lieberson LLC bought a new position in shares of SPDR S&P Metals and Mining in the 2nd quarter valued at about $691,000. Daiwa Securities Group Inc. boosted its position in shares of SPDR S&P Metals and Mining by 28.3% in the 2nd quarter. Daiwa Securities Group Inc. now owns 7,700 shares of the exchange traded fund’s stock worth $231,000 after purchasing an additional 1,700 shares during the last quarter. SG Americas Securities LLC boosted its position in shares of SPDR S&P Metals and Mining by 2.3% in the 2nd quarter. SG Americas Securities LLC now owns 57,053 shares of the exchange traded fund’s stock worth $1,710,000 after purchasing an additional 1,273 shares during the last quarter. Prudential Financial Inc. boosted its position in shares of SPDR S&P Metals and Mining by 100.0% in the 2nd quarter. Prudential Financial Inc. now owns 17,600 shares of the exchange traded fund’s stock worth $527,000 after purchasing an additional 8,800 shares during the last quarter. Finally, Family Firm Inc. boosted its position in shares of SPDR S&P Metals and Mining by 21.6% in the 2nd quarter. Family Firm Inc. now owns 26,706 shares of the exchange traded fund’s stock worth $800,000 after purchasing an additional 4,741 shares during the last quarter.

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SPDR S&P Metals and Mining (XME) traded up 0.202% during midday trading on Monday, reaching $32.245. The company had a trading volume of 317,524 shares. SPDR S&P Metals and Mining has a 12-month low of $24.23 and a 12-month high of $35.21. The stock has a 50-day moving average price of $31.35 and a 200 day moving average price of $30.29.

The firm also recently announced a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Monday, September 18th were given a $0.0601 dividend. The ex-dividend date of this dividend was Friday, September 15th. This is an increase from SPDR S&P Metals and Mining’s previous quarterly dividend of $0.05. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.75%.

About SPDR S&P Metals and Mining

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.

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Institutional Ownership by Quarter for SPDR S&P Metals and Mining (NYSEARCA:XME)

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