SPDR S&P Oil & Gas Exploration & Production ETF $XOP Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC lowered its position in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 56.0% in the first quarter, Holdings Channel reports. The fund owned 16,676 shares of the company’s stock after selling 21,228 shares during the period. SG Americas Securities LLC’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $3,032,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 1.7% during the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 3,099,500 shares of the company’s stock worth $391,343,000 after purchasing an additional 50,500 shares during the last quarter. Wells Fargo & Company MN increased its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 241.9% in the fourth quarter. Wells Fargo & Company MN now owns 383,331 shares of the company’s stock valued at $48,399,000 after buying an additional 271,214 shares during the last quarter. Vanderbilt University raised its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 0.7% in the fourth quarter. Vanderbilt University now owns 362,028 shares of the company’s stock valued at $45,710,000 after buying an additional 2,600 shares in the last quarter. Cadence Wealth Management LLC raised its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 66.5% in the fourth quarter. Cadence Wealth Management LLC now owns 235,924 shares of the company’s stock valued at $29,788,000 after buying an additional 94,195 shares in the last quarter. Finally, Quadrature Capital Ltd lifted its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 139.7% during the 3rd quarter. Quadrature Capital Ltd now owns 222,891 shares of the company’s stock worth $29,462,000 after buying an additional 129,890 shares during the last quarter.

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

NYSEARCA:XOP opened at $154.26 on Wednesday. The stock has a 50-day simple moving average of $165.94 and a 200-day simple moving average of $155.06. The stock has a market cap of $3.01 billion, a P/E ratio of 11.28 and a beta of 0.52. SPDR S&P Oil & Gas Exploration & Production ETF has a 1 year low of $121.46 and a 1 year high of $190.36.

Key Headlines Impacting SPDR S&P Oil & Gas Exploration & Production ETF

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

• Positive Sentiment: Crude oil found support near key technical levels, suggesting sellers may be running into a short-term base after recent weakness. Crude Oil Price Analysis – Crude Oil Continues to See Support on Tuesday
• Positive Sentiment: Renewed concern about supply disruptions in the Middle East briefly lifted oil prices, which can support upstream energy names held by XOP. Oil Rises Amid Renewed Supply-Disruption Concerns
• Neutral Sentiment: WTI and Brent were described as stabilizing near support as strong U.S. production and refinery demand helped offset some selling pressure. Natural Gas and Oil Forecast: Oil Markets Stabilize on Strong US Production and Refinery Demand — NatGas Channel Holds?
• Neutral Sentiment: Oil stocks in the U.S. Strategic Petroleum Reserve fell to the lowest level since 1983, highlighting tight government inventories but not yet reversing the broader price weakness. Oil stocks in US Strategic Petroleum Reserve fall by 5.5 million to lowest level since 1983
• Negative Sentiment: Oil prices fell as investors focused on potential U.S.-Iran talks in Doha, reducing the geopolitical risk premium that had been supporting crude. Oil falls as investors focus on potential Iran-US talks in Doha
• Negative Sentiment: Analysts are trimming longer-term oil price forecasts, reinforcing concerns that weaker demand may keep crude prices under pressure. Why Wall Street Thinks Cheap Oil Is Here to Stay
• Negative Sentiment: Additional commentary suggested more oil supply could be coming, which would add to the bearish tone for crude and upstream energy equities. White House Economist: ‘More Oil Than You’ve Ever Seen’ Is Coming, and Prices Are About to Drop

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.