Financial Management Professionals Inc. Makes New Investment in SPDR S&P Oil & Gas Equipment & Services ETF $XES

Financial Management Professionals Inc. bought a new stake in shares of SPDR S&P Oil & Gas Equipment & Services ETF (NYSEARCA:XES) in the 2nd quarter, Holdings Channel reports. The firm bought 8,856 shares of the company’s stock, valued at approximately $993,000.

Other hedge funds have also recently modified their holdings of the company. Fifth Third Bancorp purchased a new stake in shares of SPDR S&P Oil & Gas Equipment & Services ETF in the first quarter worth approximately $32,000. Group One Trading LLC lifted its stake in shares of 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 acquiring an additional 1,379,737 shares during the last quarter. Root Financial Partners LLC boosted its holdings 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 valued at $40,000 after acquiring an additional 138 shares during the period. Annis Gardner Whiting Capital Advisors LLC purchased a new position in SPDR S&P Oil & Gas Equipment & Services ETF during the 1st quarter valued at $78,000. Finally, Osaic Holdings Inc. boosted its holdings in SPDR S&P Oil & Gas Equipment & Services ETF by 50.7% during the 2nd 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 5.8%

Shares of SPDR S&P Oil & Gas Equipment & Services ETF stock opened at $119.95 on Tuesday. The stock’s fifty day moving average is $113.92 and its two-hundred day moving average is $114.87. The company has a market capitalization of $385.04 million, a PE ratio of 12.43 and a beta of 0.94. SPDR S&P Oil & Gas Equipment & Services ETF has a 52 week low of $64.21 and a 52 week high of $135.35.

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

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.