JPMorgan Chase & Co. lessened its stake in shares of SPDR S&P Metals and Mining (NYSEARCA:XME) by 57.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,109,167 shares of the exchange traded fund’s stock after selling 1,496,014 shares during the period. JPMorgan Chase & Co.’s holdings in SPDR S&P Metals and Mining were worth $33,241,000 at the end of the most recent reporting period.

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

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Shares of SPDR S&P Metals and Mining (NYSEARCA:XME) opened at 31.90 on Friday. SPDR S&P Metals and Mining has a 52 week low of $24.23 and a 52 week high of $35.21. The firm’s 50-day moving average is $31.29 and its 200-day moving average is $30.32.

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

SPDR S&P Metals and Mining Company 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.

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

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