Nomura Asset Management Co. Ltd. Decreases Stock Position in SPDR S&P Metals & Mining ETF $XME

Nomura Asset Management Co. Ltd. cut its position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 86.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,700 shares of the exchange traded fund’s stock after selling 17,375 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in SPDR S&P Metals & Mining ETF were worth $280,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Forefront Wealth Partners LLC boosted its stake in shares of SPDR S&P Metals & Mining ETF by 3.4% in the fourth quarter. Forefront Wealth Partners LLC now owns 2,582 shares of the exchange traded fund’s stock valued at $268,000 after purchasing an additional 84 shares during the period. Riggs Asset Managment Co. Inc. boosted its stake in shares of SPDR S&P Metals & Mining ETF by 2.3% in the fourth quarter. Riggs Asset Managment Co. Inc. now owns 4,234 shares of the exchange traded fund’s stock valued at $439,000 after purchasing an additional 94 shares during the period. Assetmark Inc. boosted its stake in shares of SPDR S&P Metals & Mining ETF by 33.0% in the third quarter. Assetmark Inc. now owns 572 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 142 shares during the period. Sunbelt Securities Inc. boosted its stake in shares of SPDR S&P Metals & Mining ETF by 49.5% in the third quarter. Sunbelt Securities Inc. now owns 598 shares of the exchange traded fund’s stock valued at $56,000 after purchasing an additional 198 shares during the period. Finally, Legacy Wealth Managment LLC ID boosted its stake in shares of SPDR S&P Metals & Mining ETF by 91.6% in the fourth quarter. Legacy Wealth Managment LLC ID now owns 479 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 229 shares during the period. 86.55% of the stock is currently owned by hedge funds and other institutional investors.

SPDR S&P Metals & Mining ETF Trading Down 7.8%

Shares of XME stock opened at $118.60 on Friday. The company has a market capitalization of $5.34 billion, a PE ratio of 21.07 and a beta of 1.23. The firm has a fifty day simple moving average of $117.38 and a 200-day simple moving average of $113.28. SPDR S&P Metals & Mining ETF has a twelve month low of $63.72 and a twelve month high of $135.68.

SPDR S&P Metals & Mining ETF Company Profile