SPDR S&P Oil & Gas Equipment & Services ETF $XES Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers raised its stake in SPDR S&P Oil & Gas Equipment & Services ETF (NYSEARCA:XES) by 172.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 42,526 shares of the company’s stock after purchasing an additional 26,920 shares during the period. Cetera Investment Advisers owned 1.84% of SPDR S&P Oil & Gas Equipment & Services ETF worth $2,698,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of XES. PNC Financial Services Group Inc. increased its holdings in 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 buying an additional 2,225 shares during the last quarter. Wealthfront Advisers LLC grew its position in shares of 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 worth $382,000 after acquiring an additional 421 shares in the last quarter. Stratos Wealth Advisors LLC bought a new stake in shares of SPDR S&P Oil & Gas Equipment & Services ETF in the 2nd quarter valued at approximately $673,000. Finally, Meridian Investment Counsel Inc. raised its position in shares of SPDR S&P Oil & Gas Equipment & Services ETF by 2.1% during the 2nd quarter. Meridian Investment Counsel Inc. now owns 17,920 shares of the company’s stock valued at $1,137,000 after acquiring an additional 375 shares in the last quarter.

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

Shares of NYSEARCA:XES opened at $81.18 on Friday. The company’s fifty day moving average is $76.44 and its two-hundred day moving average is $69.79. SPDR S&P Oil & Gas Equipment & Services ETF has a 1-year low of $51.19 and a 1-year high of $88.62. The stock has a market capitalization of $232.99 million, a price-to-earnings ratio of 12.43 and a beta of 1.20.

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.