SummitTX Capital L.P. Makes New $1.03 Million Investment in SPDR S&P Oil & Gas Equipment & Services ETF $XES

SummitTX Capital L.P. acquired a new stake in shares of SPDR S&P Oil & Gas Equipment & Services ETF (NYSEARCA:XES) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,877 shares of the company’s stock, valued at approximately $1,033,000. SummitTX Capital L.P. owned 0.20% of SPDR S&P Oil & Gas Equipment & Services ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in XES. Fifth Third Bancorp acquired a new stake in shares of SPDR S&P Oil & Gas Equipment & Services ETF in the 1st quarter valued at about $32,000. Group One Trading LLC raised its stake in SPDR S&P Oil & Gas Equipment & Services ETF by 100.0% during the 1st quarter. Group One Trading LLC now owns 315 shares of the company’s stock worth $37,000 after buying an additional 1,379,737 shares during the period. Root Financial Partners LLC raised its stake in SPDR S&P Oil & Gas Equipment & Services ETF by 66.0% during the 1st quarter. Root Financial Partners LLC now owns 347 shares of the company’s stock worth $40,000 after buying an additional 138 shares during the period. Annis Gardner Whiting Capital Advisors LLC bought a new position in SPDR S&P Oil & Gas Equipment & Services ETF in the first quarter worth approximately $78,000. Finally, Osaic Holdings Inc. grew its stake in SPDR S&P Oil & Gas Equipment & Services ETF by 50.7% in the second quarter. Osaic Holdings Inc. now owns 1,423 shares of the company’s stock valued at $90,000 after acquiring an additional 479 shares during the period.

SPDR S&P Oil & Gas Equipment & Services ETF Stock Up 3.1%

NYSEARCA XES opened at $107.84 on Friday. The company has a market cap of $363.42 million, a price-to-earnings ratio of 12.43 and a beta of 0.92. SPDR S&P Oil & Gas Equipment & Services ETF has a 52 week low of $63.21 and a 52 week high of $135.35. The business has a 50 day moving average price of $115.53 and a 200-day moving average price of $113.77.

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.