SPDR S&P Oil & Gas Equipment & Services ETF (XES) Shares Gap Up to $10.31

SPDR S&P Oil & Gas Equipment & Services ETF (NYSEARCA:XES) gapped up before the market opened on Wednesday . The stock had previously closed at $10.10, but opened at $10.31. SPDR S&P Oil & Gas Equipment & Services ETF shares last traded at $10.67, with a volume of 3559351 shares.

The business also recently announced a quarterly dividend, which was paid on Friday, December 28th. Stockholders of record on Wednesday, December 26th were given a $0.0253 dividend. The ex-dividend date of this dividend was Monday, December 24th. This represents a $0.10 annualized dividend and a dividend yield of 0.94%. This is an increase from SPDR S&P Oil & Gas Equipment & Services ETF’s previous quarterly dividend of $0.02.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Natixis acquired a new position in shares of SPDR S&P Oil & Gas Equipment & Services ETF in the 2nd quarter valued at about $1,230,000. Progeny 3 Inc. boosted its stake in SPDR S&P Oil & Gas Equipment & Services ETF by 8.4% during the 2nd 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 during the period. Schroder Investment Management Group acquired a new position in SPDR S&P Oil & Gas Equipment & Services ETF during the 2nd quarter valued at about $356,000. IFP Advisors Inc boosted its stake in SPDR S&P Oil & Gas Equipment & Services ETF by 12.3% during the 3rd quarter. IFP Advisors Inc now owns 61,308 shares of the company’s stock valued at $1,025,000 after purchasing an additional 6,708 shares during the period. Finally, Front Barnett Associates LLC boosted its stake in SPDR S&P Oil & Gas Equipment & Services ETF by 9.0% during the 3rd quarter. Front Barnett Associates LLC now owns 159,990 shares of the company’s stock valued at $2,675,000 after purchasing an additional 13,144 shares during the period.

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SPDR S&P Oil & Gas Equipment & Services ETF Company Profile (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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