11,954 Shares in SPDR S&P Oil & Gas Equipment & Services ETF $XES Purchased by Meridian Investment Counsel Inc.

Meridian Investment Counsel Inc. purchased a new position in SPDR S&P Oil & Gas Equipment & Services ETF (NYSEARCA:XES) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 11,954 shares of the company’s stock, valued at approximately $1,285,000. Meridian Investment Counsel Inc. owned about 0.38% of SPDR S&P Oil & Gas Equipment & Services ETF as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Barometer Capital Management Inc. acquired a new position in shares of SPDR S&P Oil & Gas Equipment & Services ETF in the 1st quarter valued at $593,000. First Growth Capital LLC acquired a new stake in shares of SPDR S&P Oil & Gas Equipment & Services ETF during the fourth quarter worth $442,000. Financial Management Professionals Inc. bought a new stake in shares of SPDR S&P Oil & Gas Equipment & Services ETF in the second quarter valued at about $993,000. Vicus Capital bought a new stake in SPDR S&P Oil & Gas Equipment & Services ETF in the 1st quarter valued at approximately $4,230,000. Finally, SummitTX Capital L.P. acquired a new position in SPDR S&P Oil & Gas Equipment & Services ETF during the first quarter worth $1,033,000.

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

SPDR S&P Oil & Gas Equipment & Services ETF stock opened at $107.25 on Thursday. The firm has a 50-day moving average of $116.90 and a 200-day moving average of $117.79. SPDR S&P Oil & Gas Equipment & Services ETF has a one year low of $69.88 and a one year high of $135.35. The company has a market cap of $338.91 million, a price-to-earnings ratio of 12.43 and a beta of 1.02.

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.