Cary Street Partners Financial LLC Acquires New Position in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

Cary Street Partners Financial LLC acquired a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 11,038 shares of the company’s stock, valued at approximately $1,461,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in XOP. Anchor Investment Management LLC lifted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 30.3% during the 4th quarter. Anchor Investment Management LLC now owns 331 shares of the company’s stock valued at $44,000 after buying an additional 77 shares in the last quarter. Providence First Trust Co purchased a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the fourth quarter worth $48,000. Brown Brothers Harriman & Co. bought a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the fourth quarter worth $141,000. Summit Financial LLC purchased a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the fourth quarter valued at $205,000. Finally, AdvisorNet Financial Inc raised its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 42.1% during the 4th quarter. AdvisorNet Financial Inc now owns 1,855 shares of the company’s stock valued at $246,000 after purchasing an additional 550 shares during the period.

SPDR S&P Oil & Gas Exploration & Production ETF Stock Performance

Shares of XOP opened at $113.29 on Thursday. The stock has a market capitalization of $1.80 billion, a price-to-earnings ratio of 9.71 and a beta of 1.34. SPDR S&P Oil & Gas Exploration & Production ETF has a 52-week low of $99.01 and a 52-week high of $154.30. The stock’s 50-day simple moving average is $118.72 and its 200 day simple moving average is $130.74.

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.