SPDR® S&P Oil & Gas Equipment & Services ETF company info

What does SPDR® S&P Oil & Gas Equipment & Services ETF do?
SPDR® S&P Oil & Gas Equipment & Services ETF (NYSEARCA:XES) is focused on offering investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Oil & Gas Equipment & Services Select Industry Index. This ETF primarily invests in the oil and gas equipment and services industry, aiming to provide investors with diversified exposure to companies involved in the drilling, exploration, engineering, production, and servicing of oil and gas. Its objective is to mirror the performance of its underlying index, allowing investors to capitalize on the sector's dynamics. By pooling resources in this manner, the ETF seeks to afford its shareholders an opportunity to benefit from the growth potential within the oil and gas services sector, while managing investment risks through diversification.
SPDR® S&P Oil & Gas Equipment & Services ETF company media
Company Snapshot

Is SPDR® S&P Oil & Gas Equipment & Services ETF a public or private company?

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Ownership
Public

How many people does SPDR® S&P Oil & Gas Equipment & Services ETF employ?

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Employees
2,307

What sector is SPDR® S&P Oil & Gas Equipment & Services ETF in?

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Sector
ETF

Where is the head office for SPDR® S&P Oil & Gas Equipment & Services ETF?

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Head Office
Boston, United States

What year was SPDR® S&P Oil & Gas Equipment & Services ETF founded?

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Year Founded
2006
What does SPDR® S&P Oil & Gas Equipment & Services ETF specialise in?
/Investment Management /ETF Issuance /Oil Equipment /Gas Services /Financial Securities /Portfolio Diversification

What are the products and/or services of SPDR® S&P Oil & Gas Equipment & Services ETF?

Overview of SPDR® S&P Oil & Gas Equipment & Services ETF offerings
Invests in oil and gas equipment and services sector, following the S&P Oil & Gas Equipment & Services Select Industry Index.
Provides diversified exposure to service companies in the oil field industry.
Targets companies involved in drilling, exploration, and production equipment.
Aims for long-term growth by tracking a sector-specific index.
Designed for investors seeking investment results that correspond to the performance of the energy sector.
Offers a way to gain leveraged exposure to oil and gas equipment and services industry.