SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP – Get Rating) saw unusually large options trading on Wednesday. Stock investors acquired 78,004 put options on the stock. This is an increase of 96% compared to the typical daily volume of 39,868 put options.
Institutional Trading of SPDR S&P Oil & Gas Exploration & Production ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of XOP. Laurel Wealth Advisors Inc. increased its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 20.1% during the 1st quarter. Laurel Wealth Advisors Inc. now owns 15,852 shares of the company’s stock worth $2,133,000 after purchasing an additional 2,650 shares during the period. Cowa LLC purchased a new stake in SPDR S&P Oil & Gas Exploration & Production ETF during the 1st quarter worth approximately $1,756,000. Meritage Portfolio Management purchased a new stake in SPDR S&P Oil & Gas Exploration & Production ETF during the 3rd quarter worth approximately $3,683,000. Janney Montgomery Scott LLC grew its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 2.2% in the third quarter. Janney Montgomery Scott LLC now owns 34,382 shares of the company’s stock valued at $4,288,000 after purchasing an additional 732 shares in the last quarter. Finally, Financial Management Professionals Inc. purchased a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the third quarter valued at approximately $61,000.
SPDR S&P Oil & Gas Exploration & Production ETF Price Performance
Shares of NYSEARCA:XOP opened at $118.05 on Thursday. The company has a market cap of $3.15 billion, a P/E ratio of 4.31 and a beta of 1.91. SPDR S&P Oil & Gas Exploration & Production ETF has a 1 year low of $108.00 and a 1 year high of $170.62. The stock’s fifty day moving average price is $128.37 and its 200-day moving average price is $137.29.
SPDR S&P Oil & Gas Exploration & Production ETF Company Profile
SPDR S&P Oil & Gas Exploration & Production ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The S&P Oil & Gas Exploration & Production Select Industry Index represents the oil and gas exploration and production sub-industry portion of the S&P Total Markets Index.
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