26,212 Shares in SPDR S&P Oil & Gas Equipment & Services ETF $XES Purchased by Trek Financial LLC

Trek Financial LLC purchased a new position in SPDR S&P Oil & Gas Equipment & Services ETF (NYSEARCA:XES) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 26,212 shares of the company’s stock, valued at approximately $1,896,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in XES. Cetera Investment Advisers raised its position in shares of SPDR S&P Oil & Gas Equipment & Services ETF by 172.5% during the second quarter. Cetera Investment Advisers now owns 42,526 shares of the company’s stock valued at $2,698,000 after buying an additional 26,920 shares during the last quarter. Flow Traders U.S. LLC boosted its position in shares of SPDR S&P Oil & Gas Equipment & Services ETF by 509.6% during the second quarter. Flow Traders U.S. LLC now owns 20,092 shares of the company’s stock worth $1,275,000 after acquiring an additional 16,796 shares during the last quarter. Stratos Wealth Advisors LLC purchased a new position in SPDR S&P Oil & Gas Equipment & Services ETF during the second quarter valued at $673,000. BCS Private Wealth Management Inc. bought a new stake in SPDR S&P Oil & Gas Equipment & Services ETF in the 2nd quarter valued at $438,000. Finally, Concorde Financial Corp bought a new stake in SPDR S&P Oil & Gas Equipment & Services ETF in the 2nd quarter valued at $163,000.

SPDR S&P Oil & Gas Equipment & Services ETF Stock Down 0.6%

Shares of XES stock opened at $95.59 on Friday. The company’s fifty day simple moving average is $84.68 and its two-hundred day simple moving average is $75.94. SPDR S&P Oil & Gas Equipment & Services ETF has a 52 week low of $51.19 and a 52 week high of $98.97. The stock has a market cap of $317.36 million, a P/E ratio of 12.43 and a beta of 1.20.

SPDR S&P Oil & Gas Equipment & Services ETF Company Profile

SPDR S&P Oil & Gas Equipment & Services ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P Oil & Gas Equipment & Services Select Industry Index. The S&P Oil & Gas Equipment & Services Select Industry Index represents the oil and gas equipment and services sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.