324,141 Shares in SPDR S&P Oil & Gas Equipment & Services ETF $XES Acquired by New Harbor Financial Group LLC

New Harbor Financial Group LLC purchased a new position in shares of SPDR S&P Oil & Gas Equipment & Services ETF (NYSEARCA:XES) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 324,141 shares of the company’s stock, valued at approximately $34,852,000. SPDR S&P Oil & Gas Equipment & Services ETF comprises approximately 5.2% of New Harbor Financial Group LLC’s portfolio, making the stock its 8th biggest position. New Harbor Financial Group LLC owned approximately 0.10% of SPDR S&P Oil & Gas Equipment & Services ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Root Financial Partners LLC lifted its holdings in shares of SPDR S&P Oil & Gas Equipment & Services ETF by 66.0% in the 1st quarter. Root Financial Partners LLC now owns 347 shares of the company’s stock worth $40,000 after acquiring an additional 138 shares during the last quarter. Fifth Third Bancorp bought a new position in shares of SPDR S&P Oil & Gas Equipment & Services ETF during the 1st quarter valued at $32,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in SPDR S&P Oil & Gas Equipment & Services ETF in the 1st quarter worth $78,000. Wealthfront Advisers LLC raised its position in SPDR S&P Oil & Gas Equipment & Services ETF by 15.1% in the 1st quarter. Wealthfront Advisers LLC now owns 6,638 shares of the company’s stock worth $772,000 after purchasing an additional 872 shares during the period. Finally, Trademark Financial Management LLC purchased a new position in SPDR S&P Oil & Gas Equipment & Services ETF in the 1st quarter worth $256,000.

SPDR S&P Oil & Gas Equipment & Services ETF Price Performance

SPDR S&P Oil & Gas Equipment & Services ETF stock traded up $4.85 during mid-day trading on Friday, hitting $109.12. The company’s stock had a trading volume of 117,878 shares, compared to its average volume of 106,994. The stock has a market cap of $344.82 million, a price-to-earnings ratio of 12.43 and a beta of 1.02. The business has a 50 day moving average price of $115.17 and a 200-day moving average price of $117.33. SPDR S&P Oil & Gas Equipment & Services ETF has a 12 month low of $75.01 and a 12 month high of $135.35.

SPDR S&P Oil & Gas Equipment & Services ETF 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.