Transcendent Capital Group LLC Takes $58,000 Position in SPDR S&P Oil & Gas Equipment & Services ETF (NYSEARCA:XES)

Transcendent Capital Group LLC bought a new stake in shares of SPDR S&P Oil & Gas Equipment & Services ETF (NYSEARCA:XES) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 681 shares of the company’s stock, valued at approximately $58,000.

Other large investors have also recently bought and sold shares of the company. Janney Montgomery Scott LLC raised its stake in shares of SPDR S&P Oil & Gas Equipment & Services ETF by 13.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 11,507 shares of the company’s stock valued at $972,000 after buying an additional 1,339 shares in the last quarter. Baker Avenue Asset Management LP acquired a new position in SPDR S&P Oil & Gas Equipment & Services ETF in the third quarter worth about $2,100,000. Finally, Financial Management Professionals Inc. bought a new position in SPDR S&P Oil & Gas Equipment & Services ETF during the fourth quarter worth about $2,139,000.

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

NYSEARCA XES traded down $2.74 during trading on Friday, reaching $85.34. 25,813 shares of the company traded hands, compared to its average volume of 109,482. SPDR S&P Oil & Gas Equipment & Services ETF has a 1-year low of $71.11 and a 1-year high of $100.81. The stock’s 50 day moving average price is $91.50 and its two-hundred day moving average price is $86.79. The company has a market cap of $283.33 million, a price-to-earnings ratio of 20.70 and a beta of 0.93.

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.