Barometer Capital Management Inc. Invests $593,000 in SPDR S&P Oil & Gas Equipment & Services ETF $XES

Barometer Capital Management Inc. purchased a new position in shares of SPDR S&P Oil & Gas Equipment & Services ETF (NYSEARCA:XES) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,100 shares of the company’s stock, valued at approximately $593,000. Barometer Capital Management Inc. owned about 0.12% of SPDR S&P Oil & Gas Equipment & Services ETF as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Fifth Third Bancorp acquired a new stake in SPDR S&P Oil & Gas Equipment & Services ETF in the 1st quarter worth about $32,000. Root Financial Partners LLC raised its holdings in shares of SPDR S&P Oil & Gas Equipment & Services ETF by 66.0% during the first quarter. Root Financial Partners LLC now owns 347 shares of the company’s stock valued at $40,000 after acquiring an additional 138 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of SPDR S&P Oil & Gas Equipment & Services ETF in the first quarter valued at approximately $78,000. Osaic Holdings Inc. lifted its position in shares of 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 in the last quarter. Finally, Concorde Financial Corp acquired a new stake in shares of SPDR S&P Oil & Gas Equipment & Services ETF in the fourth quarter worth approximately $211,000.

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

Shares of NYSEARCA:XES opened at $114.68 on Wednesday. SPDR S&P Oil & Gas Equipment & Services ETF has a 1 year low of $63.21 and a 1 year high of $135.35. The firm has a market capitalization of $386.47 million, a PE ratio of 12.43 and a beta of 0.92. The business’s 50 day moving average price is $118.42 and its 200-day moving average price is $112.61.

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.