Ausdal Financial Partners Inc. Sells 436 Shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Ausdal Financial Partners Inc. reduced its holdings in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 5.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,613 shares of the exchange traded fund’s stock after selling 436 shares during the period. Ausdal Financial Partners Inc.’s holdings in SPDR S&P Metals & Mining ETF were worth $432,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Atria Wealth Solutions Inc. grew its stake in shares of SPDR S&P Metals & Mining ETF by 113.8% during the 4th quarter. Atria Wealth Solutions Inc. now owns 12,737 shares of the exchange traded fund’s stock valued at $723,000 after acquiring an additional 6,780 shares during the period. Raymond James Financial Inc. bought a new position in shares of SPDR S&P Metals & Mining ETF in the fourth quarter worth approximately $20,983,000. JPMorgan Chase & Co. increased its stake in shares of SPDR S&P Metals & Mining ETF by 21.0% in the third quarter. JPMorgan Chase & Co. now owns 624,702 shares of the exchange traded fund’s stock worth $39,806,000 after purchasing an additional 108,336 shares in the last quarter. MML Investors Services LLC raised its position in shares of SPDR S&P Metals & Mining ETF by 3.1% during the 3rd quarter. MML Investors Services LLC now owns 7,996 shares of the exchange traded fund’s stock valued at $509,000 after purchasing an additional 238 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its stake in shares of SPDR S&P Metals & Mining ETF by 30.2% during the 4th quarter. Sequoia Financial Advisors LLC now owns 13,560 shares of the exchange traded fund’s stock valued at $770,000 after buying an additional 3,144 shares in the last quarter.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of SPDR S&P Metals & Mining ETF stock opened at $58.40 on Friday. The company has a fifty day moving average of $59.03 and a 200 day moving average of $61.46. The company has a market capitalization of $1.61 billion, a P/E ratio of 17.04 and a beta of 1.41. SPDR S&P Metals & Mining ETF has a fifty-two week low of $53.05 and a fifty-two week high of $70.49.

SPDR S&P Metals & Mining ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were given a dividend of $0.0688 per share. The ex-dividend date was Monday, March 24th.

SPDR S&P Metals & Mining ETF 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.