Arlington Capital Management Inc. cut its holdings in shares of SPDR S&P Metals and Mining (NYSEARCA:XME) by 50.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 507,240 shares of the exchange traded fund’s stock after selling 519,404 shares during the period. SPDR S&P Metals and Mining comprises about 8.5% of Arlington Capital Management Inc.’s portfolio, making the stock its 6th biggest position. Arlington Capital Management Inc. owned about 2.00% of SPDR S&P Metals and Mining worth $16,323,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Cambridge Investment Research Advisors Inc. purchased a new stake in SPDR S&P Metals and Mining during the third quarter worth about $215,000. Daiwa Securities Group Inc. increased its stake in SPDR S&P Metals and Mining by 28.3% during the second 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 period. Advisor Group Inc. increased its stake in SPDR S&P Metals and Mining by 176.0% during the third quarter. Advisor Group Inc. now owns 7,904 shares of the exchange traded fund’s stock worth $255,000 after purchasing an additional 5,040 shares during the period. Virtu KCG Holdings LLC purchased a new stake in SPDR S&P Metals and Mining during the second quarter worth about $420,000. Finally, Timber Hill LLC purchased a new stake in SPDR S&P Metals and Mining during the third quarter worth about $476,000.

Shares of SPDR S&P Metals and Mining (XME) traded up $0.30 during trading hours on Wednesday, reaching $31.64. 2,964,100 shares of the company’s stock were exchanged, compared to its average volume of 3,190,207. SPDR S&P Metals and Mining has a one year low of $27.86 and a one year high of $35.21.

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SPDR S&P Metals and Mining 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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