6,900 Shares in SPDR S&P Oil & Gas Equipment & Services ETF $XES Purchased by BCS Private Wealth Management Inc.

BCS Private Wealth Management Inc. bought a new stake in SPDR S&P Oil & Gas Equipment & Services ETF (NYSEARCA:XES) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 6,900 shares of the company’s stock, valued at approximately $438,000.

Other hedge funds have also made changes to their positions in the company. PNC Financial Services Group Inc. boosted its stake in shares of SPDR S&P Oil & Gas Equipment & Services ETF by 70.6% in the second quarter. PNC Financial Services Group Inc. now owns 5,378 shares of the company’s stock valued at $341,000 after purchasing an additional 2,225 shares during the period. Wealthfront Advisers LLC boosted its position in SPDR S&P Oil & Gas Equipment & Services ETF by 7.5% in the 2nd quarter. Wealthfront Advisers LLC now owns 6,015 shares of the company’s stock valued at $382,000 after buying an additional 421 shares during the period. Stratos Wealth Advisors LLC acquired a new position in shares of SPDR S&P Oil & Gas Equipment & Services ETF in the second quarter worth $673,000. Meridian Investment Counsel Inc. grew its stake in shares of SPDR S&P Oil & Gas Equipment & Services ETF by 2.1% in the second quarter. Meridian Investment Counsel Inc. now owns 17,920 shares of the company’s stock worth $1,137,000 after acquiring an additional 375 shares in the last quarter. Finally, Flow Traders U.S. LLC increased 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 period.

SPDR S&P Oil & Gas Equipment & Services ETF Trading Up 1.6%

NYSEARCA:XES opened at $86.85 on Wednesday. SPDR S&P Oil & Gas Equipment & Services ETF has a 12-month low of $51.19 and a 12-month high of $88.62. The firm has a market cap of $249.26 million, a PE ratio of 12.43 and a beta of 1.20. The stock has a fifty day moving average price of $78.17 and a 200 day moving average price of $71.07.

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.