Jennison Associates LLC cut its position in SPDR S&P Metals and Mining (NYSEARCA:XME) by 6.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 101,796 shares of the exchange traded fund’s stock after selling 6,526 shares during the period. Jennison Associates LLC’s holdings in SPDR S&P Metals and Mining were worth $3,051,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently made changes to their positions in XME. SG Americas Securities LLC increased its position in SPDR S&P Metals and Mining by 2.3% in the second quarter. SG Americas Securities LLC now owns 57,053 shares of the exchange traded fund’s stock valued at $1,710,000 after buying an additional 1,273 shares during the period. Daiwa Securities Group Inc. increased its position in SPDR S&P Metals and Mining by 28.3% in the second quarter. Daiwa Securities Group Inc. now owns 7,700 shares of the exchange traded fund’s stock valued at $231,000 after buying an additional 1,700 shares during the period. Finally, Moody Lynn & Lieberson LLC bought a new position in SPDR S&P Metals and Mining during the second quarter valued at approximately $691,000.

SPDR S&P Metals and Mining (NYSEARCA:XME) opened at 31.85 on Tuesday. The company’s 50 day moving average price is $30.85 and its 200 day moving average price is $30.48. SPDR S&P Metals and Mining has a 52-week low of $23.97 and a 52-week high of $35.21.

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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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