SPDR S&P Oil & Gas Explore & Prod. (NYSE:XOP) was the recipient of a significant decline in short interest in the month of September. As of September 29th, there was short interest totalling 61,576,535 shares, a decline of 14.6% from the September 15th total of 72,071,481 shares. Based on an average trading volume of 15,934,415 shares, the short-interest ratio is presently 3.9 days.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Bronfman E.L. Rothschild L.P. increased its holdings in shares of SPDR S&P Oil & Gas Explore & Prod. by 4.0% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 4,560 shares of the exchange traded fund’s stock worth $146,000 after purchasing an additional 175 shares during the period. Atlantic Trust Group LLC increased its holdings in shares of SPDR S&P Oil & Gas Explore & Prod. by 2.5% during the second quarter. Atlantic Trust Group LLC now owns 26,100 shares of the exchange traded fund’s stock worth $833,000 after purchasing an additional 630 shares during the period. First Allied Advisory Services Inc. increased its holdings in shares of SPDR S&P Oil & Gas Explore & Prod. by 8.1% during the second quarter. First Allied Advisory Services Inc. now owns 10,674 shares of the exchange traded fund’s stock worth $342,000 after purchasing an additional 797 shares during the period. Parkside Investments LLC increased its holdings in shares of SPDR S&P Oil & Gas Explore & Prod. by 1.3% during the second quarter. Parkside Investments LLC now owns 65,269 shares of the exchange traded fund’s stock worth $2,083,000 after purchasing an additional 850 shares during the period. Finally, Cedar Hill Associates LLC increased its holdings in shares of SPDR S&P Oil & Gas Explore & Prod. by 0.5% during the second quarter. Cedar Hill Associates LLC now owns 204,127 shares of the exchange traded fund’s stock worth $6,516,000 after purchasing an additional 1,115 shares during the period.

Shares of SPDR S&P Oil & Gas Explore & Prod. (NYSE XOP) opened at 33.60 on Monday. The firm’s 50-day moving average price is $32.37 and its 200-day moving average price is $32.91. SPDR S&P Oil & Gas Explore & Prod. has a 12-month low of $28.96 and a 12-month high of $44.97.

The business also recently declared a quarterly dividend, which was paid on Monday, September 25th. Shareholders of record on Monday, September 18th were issued a $0.0712 dividend. The ex-dividend date of this dividend was Friday, September 15th. This represents a $0.28 annualized dividend and a yield of 0.85%.

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SPDR S&P Oil & Gas Explore & Prod. 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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