Montag A & Associates Inc. Sells 570 Shares of SPDR S&P Metals & Mining ETF $XME

Montag A & Associates Inc. decreased its holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 4.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,185 shares of the exchange traded fund’s stock after selling 570 shares during the period. Montag A & Associates Inc.’s holdings in SPDR S&P Metals & Mining ETF were worth $819,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. Menora Mivtachim Holdings LTD. bought a new stake in SPDR S&P Metals & Mining ETF during the 1st quarter valued at $48,042,000. Hsbc Holdings PLC lifted its stake in shares of SPDR S&P Metals & Mining ETF by 4,583.6% during the 1st quarter. Hsbc Holdings PLC now owns 180,506 shares of the exchange traded fund’s stock worth $9,998,000 after purchasing an additional 176,652 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in SPDR S&P Metals & Mining ETF during the first quarter valued at about $8,260,000. Graham Capital Management L.P. bought a new stake in SPDR S&P Metals & Mining ETF during the first quarter valued at about $7,951,000. Finally, Decker Retirement Planning Inc. purchased a new position in SPDR S&P Metals & Mining ETF in the second quarter valued at about $8,353,000. Hedge funds and other institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of SPDR S&P Metals & Mining ETF stock opened at $93.98 on Wednesday. The company has a market capitalization of $2.97 billion, a PE ratio of 21.07 and a beta of 1.28. The company has a 50-day simple moving average of $94.51 and a two-hundred day simple moving average of $77.94. SPDR S&P Metals & Mining ETF has a one year low of $45.89 and a one year high of $111.09.

About SPDR S&P Metals & Mining ETF

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.