Cumberland Advisors Inc. Increases Stock Position in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

Cumberland Advisors Inc. increased its position in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 27.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 871,785 shares of the company’s stock after purchasing an additional 185,870 shares during the period. SPDR S&P Oil & Gas Exploration & Production ETF makes up approximately 5.5% of Cumberland Advisors Inc.’s holdings, making the stock its 5th biggest position. Cumberland Advisors Inc. owned 1.14% of SPDR S&P Oil & Gas Exploration & Production ETF worth $19,493,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Coastal Investment Advisors Inc. boosted its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 279.5% in the 2nd quarter. Coastal Investment Advisors Inc. now owns 1,518 shares of the company’s stock worth $40,000 after purchasing an additional 1,118 shares in the last quarter. Advisory Services Network LLC boosted its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 148.4% in the 2nd quarter. Advisory Services Network LLC now owns 2,159 shares of the company’s stock worth $59,000 after purchasing an additional 1,290 shares in the last quarter. Founders Capital Management boosted its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 30.3% in the 3rd quarter. Founders Capital Management now owns 2,365 shares of the company’s stock worth $53,000 after purchasing an additional 550 shares in the last quarter. U S Global Investors Inc. boosted its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 357.1% in the 2nd quarter. U S Global Investors Inc. now owns 2,400 shares of the company’s stock worth $65,000 after purchasing an additional 1,875 shares in the last quarter. Finally, Centaurus Financial Inc. boosted its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 13.5% in the 1st quarter. Centaurus Financial Inc. now owns 4,842 shares of the company’s stock worth $158,000 after purchasing an additional 575 shares in the last quarter.

SPDR S&P Oil & Gas Exploration & Production ETF stock traded up $0.66 during mid-day trading on Friday, reaching $21.41. The stock had a trading volume of 931,228 shares, compared to its average volume of 23,964,279. The company has a 50-day moving average price of $22.27 and a two-hundred day moving average price of $26.09. SPDR S&P Oil & Gas Exploration & Production ETF has a one year low of $20.37 and a one year high of $41.98.

The business also recently announced a — dividend, which was paid on Wednesday, September 25th. Shareholders of record on Monday, September 23rd were paid a dividend of $0.0826 per share. This represents a yield of 1.2%. The ex-dividend date of this dividend was Friday, September 20th.

SPDR S&P Oil & Gas Exploration & Production ETF 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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Institutional Ownership by Quarter for SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

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