Allianz SE Has $7.96 Million Stock Holdings in SPDR S&P Oil & Gas Exploration & Production ETF $XOP

Allianz SE grew its holdings in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 12.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 63,025 shares of the company’s stock after buying an additional 7,000 shares during the quarter. Allianz SE’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $7,958,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in XOP. Quadrature Capital Ltd increased its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 139.7% in the third quarter. Quadrature Capital Ltd now owns 222,891 shares of the company’s stock valued at $29,462,000 after buying an additional 129,890 shares in the last quarter. Cadence Wealth Management LLC increased its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 455.2% in the third quarter. Cadence Wealth Management LLC now owns 141,729 shares of the company’s stock valued at $18,737,000 after buying an additional 116,203 shares in the last quarter. Jump Financial LLC acquired a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the third quarter valued at $11,167,000. JPMorgan Chase & Co. increased its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 2.7% in the third quarter. JPMorgan Chase & Co. now owns 3,054,720 shares of the company’s stock valued at $403,834,000 after buying an additional 79,498 shares in the last quarter. Finally, Group One Trading LLC bought a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the second quarter valued at about $6,944,000.

SPDR S&P Oil & Gas Exploration & Production ETF News Summary

Here are the key news stories impacting SPDR S&P Oil & Gas Exploration & Production ETF this week:

• Positive Sentiment: Escalating U.S.-Iran tensions, including renewed strike fears and talk of a Strait of Hormuz closure, are fueling supply-disruption worries and supporting crude prices, which can lift oil-and-gas producers. Oil rises $2 as Iran announces closure of Strait of Hormuz following US strikes
• Positive Sentiment: Even with volatility, Reuters reported that only about 7 million barrels a day are still moving out of the Persian Gulf with U.S. military help, reinforcing the idea that supply risks remain elevated. US military helps move 7 million barrels of oil per day out of Persian Gulf, Wright says
• Neutral Sentiment: New reports suggest the actual loss of Gulf exports may be smaller than the market initially feared, which could limit upside for oil prices and XOP. Lost Gulf oil exports far smaller than thought, traders and shippers say
• Neutral Sentiment: CME’s plan for 24/7 gold and oil trading may improve access and liquidity over time, but it is more of a structural market change than an immediate catalyst. CME to offer 24/7 gold and oil trading
• Negative Sentiment: Oil prices are under pressure from hopes of a U.S.-Iran peace deal, which has pushed crude toward multi-month lows and could weigh on exploration-and-production shares. Trump Says Peace Deal With Iran Is Close, Oil Prices Head for 3-Month Low
• Negative Sentiment: Goldman Sachs lowered its 2027 Brent forecast, and OPEC again trimmed oil-demand growth estimates, both of which point to softer longer-term fundamentals for crude. Goldman lowers 2027 Brent oil forecast on supply growth, demand risks OPEC again lowers 2026 global oil demand growth forecast
• Negative Sentiment: Reuters also reported that investors are pulling back from the oil market at a record pace as volatility and headline risk make the sector harder to own, which could cap enthusiasm for XOP. Tired of chaos, investors retreat from oil market at record pace

SPDR S&P Oil & Gas Exploration & Production ETF Stock Up 1.2%

SPDR S&P Oil & Gas Exploration & Production ETF stock opened at $165.34 on Friday. The business’s 50-day simple moving average is $169.67 and its 200 day simple moving average is $153.13. The stock has a market cap of $3.22 billion, a price-to-earnings ratio of 11.28 and a beta of 0.52. SPDR S&P Oil & Gas Exploration & Production ETF has a 12-month low of $121.46 and a 12-month high of $190.36.

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. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.