Arlington Capital Management Inc. decreased its position in SPDR S&P Metals and Mining (NYSEARCA:XME) by 2.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,026,644 shares of the exchange traded fund’s stock after selling 26,382 shares during the period. SPDR S&P Metals and Mining accounts for approximately 12.6% of Arlington Capital Management Inc.’s portfolio, making the stock its 2nd largest position. Arlington Capital Management Inc.’s holdings in SPDR S&P Metals and Mining were worth $30,769,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Daiwa Securities Group Inc. raised 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 in the last quarter. Prudential Financial Inc. raised its position in SPDR S&P Metals and Mining by 100.0% in the second quarter. Prudential Financial Inc. now owns 17,600 shares of the exchange traded fund’s stock valued at $527,000 after buying an additional 8,800 shares in the last quarter. Moody Lynn & Lieberson LLC purchased a new position in SPDR S&P Metals and Mining during the second quarter valued at approximately $691,000. Family Firm Inc. raised its position in SPDR S&P Metals and Mining by 21.6% in the second quarter. Family Firm Inc. now owns 26,706 shares of the exchange traded fund’s stock valued at $800,000 after buying an additional 4,741 shares in the last quarter. Finally, SG Americas Securities LLC raised 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 in the last quarter.

SPDR S&P Metals and Mining (NYSEARCA XME) traded up 0.78% during trading on Thursday, reaching $32.47. 323,691 shares of the company’s stock traded hands. The company’s 50 day moving average is $30.85 and its 200-day moving average 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.

TRADEMARK VIOLATION NOTICE: “Arlington Capital Management Inc. Sells 26,382 Shares of SPDR S&P Metals and Mining (XME)” was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of US & international copyright and trademark law. The legal version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/08/31/arlington-capital-management-inc-sells-26382-shares-of-spdr-sp-metals-and-mining-xme.html.

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.

Want to see what other hedge funds are holding XME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Metals and Mining (NYSEARCA:XME).

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

Receive News & Stock Ratings for SPDR S&P Metals and Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Metals and Mining and related stocks with our FREE daily email newsletter.