SPDR S&P Oil & Gas Equipment & Services ETF (XES) Shares Gap Down to $11.53

SPDR S&P Oil & Gas Equipment & Services ETF (NYSEARCA:XES) gapped down before the market opened on Thursday . The stock had previously closed at $11.85, but opened at $11.53. SPDR S&P Oil & Gas Equipment & Services ETF shares last traded at $10.98, with a volume of 3694720 shares trading hands.

A number of hedge funds have recently made changes to their positions in XES. Commonwealth Equity Services LLC purchased a new stake in shares of SPDR S&P Oil & Gas Equipment & Services ETF during the 2nd quarter valued at about $325,000. Front Barnett Associates LLC grew its stake in SPDR S&P Oil & Gas Equipment & Services ETF by 2.4% in the 2nd quarter. Front Barnett Associates LLC now owns 146,846 shares of the company’s stock worth $2,491,000 after acquiring an additional 3,385 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of SPDR S&P Oil & Gas Equipment & Services ETF by 5,814.6% during the second quarter. PNC Financial Services Group Inc. now owns 799,174 shares of the company’s stock valued at $13,554,000 after purchasing an additional 785,662 shares in the last quarter. Natixis bought a new position in shares of SPDR S&P Oil & Gas Equipment & Services ETF during the second quarter valued at approximately $1,230,000. Finally, Progeny 3 Inc. boosted its stake in shares of SPDR S&P Oil & Gas Equipment & Services ETF by 8.4% during the second quarter. Progeny 3 Inc. now owns 852,877 shares of the company’s stock valued at $14,465,000 after purchasing an additional 65,880 shares in the last quarter.

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About SPDR S&P Oil & Gas Equipment & Services ETF (NYSEARCA:XES)

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.

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