Royal Bank of Canada Sells 21,092 Shares of SPDR S&P Oil & Gas Equipment & Services ETF $XES

Royal Bank of Canada decreased its stake in shares of SPDR S&P Oil & Gas Equipment & Services ETF (NYSEARCA:XES) by 67.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,319 shares of the company’s stock after selling 21,092 shares during the period. Royal Bank of Canada owned 0.24% of SPDR S&P Oil & Gas Equipment & Services ETF worth $1,200,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. First Growth Capital LLC bought a new position in shares of SPDR S&P Oil & Gas Equipment & Services ETF in the fourth quarter worth about $442,000. Barometer Capital Management Inc. bought a new stake in shares of SPDR S&P Oil & Gas Equipment & Services ETF during the first quarter valued at approximately $593,000. Vicus Capital acquired a new stake in shares of SPDR S&P Oil & Gas Equipment & Services ETF in the first quarter valued at approximately $4,230,000. CWM LLC increased its holdings in shares of SPDR S&P Oil & Gas Equipment & Services ETF by 616.3% in the fourth quarter. CWM LLC now owns 24,231 shares of the company’s stock valued at $1,986,000 after purchasing an additional 20,848 shares in the last quarter. Finally, SummitTX Capital L.P. bought a new position in SPDR S&P Oil & Gas Equipment & Services ETF in the 1st quarter worth approximately $1,033,000.

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

NYSEARCA:XES opened at $121.46 on Friday. The stock’s fifty day moving average price is $113.94 and its two-hundred day moving average price is $116.31. SPDR S&P Oil & Gas Equipment & Services ETF has a 52-week low of $64.95 and a 52-week high of $135.35. The company has a market cap of $389.89 million, a price-to-earnings ratio of 12.43 and a beta of 0.94.

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. 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.