Janney Capital Management LLC Has $4.96 Million Holdings in SPDR S&P Oil & Gas Equipment & Services ETF (NYSEARCA:XES)

Janney Capital Management LLC lessened its stake in SPDR S&P Oil & Gas Equipment & Services ETF (NYSEARCA:XES) by 2.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,227 shares of the company’s stock after selling 1,208 shares during the quarter. Janney Capital Management LLC owned about 1.60% of SPDR S&P Oil & Gas Equipment & Services ETF worth $4,955,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Baker Avenue Asset Management LP acquired a new stake in shares of SPDR S&P Oil & Gas Equipment & Services ETF during the 3rd quarter worth approximately $2,100,000. Financial Management Professionals Inc. acquired a new stake in shares of SPDR S&P Oil & Gas Equipment & Services ETF during the 4th quarter worth approximately $2,139,000. Janney Montgomery Scott LLC grew its position in shares of SPDR S&P Oil & Gas Equipment & Services ETF by 13.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 11,507 shares of the company’s stock worth $972,000 after buying an additional 1,339 shares during the period. Finally, Transcendent Capital Group LLC acquired a new stake in shares of SPDR S&P Oil & Gas Equipment & Services ETF during the 4th quarter worth approximately $58,000.

SPDR S&P Oil & Gas Equipment & Services ETF Trading Down 1.7 %

Shares of NYSEARCA:XES traded down $1.58 during trading on Friday, hitting $89.06. 49,118 shares of the company’s stock were exchanged, compared to its average volume of 102,556. SPDR S&P Oil & Gas Equipment & Services ETF has a 1-year low of $76.08 and a 1-year high of $100.81. The firm has a 50-day moving average price of $90.36 and a two-hundred day moving average price of $87.53. The firm has a market cap of $295.68 million, a P/E ratio of 20.70 and a beta of 0.93.

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.