Summit Financial LLC Acquires Shares of 1,448 SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

Summit Financial LLC acquired a new stake in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) in the second quarter, HoldingsChannel.com reports. The fund acquired 1,448 shares of the company’s stock, valued at approximately $211,000.

Several other hedge funds have also modified their holdings of the business. VitalStone Financial LLC increased its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 33.1% during the 4th quarter. VitalStone Financial LLC now owns 322 shares of the company’s stock worth $44,000 after purchasing an additional 80 shares in the last quarter. InterOcean Capital Group LLC grew its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 2.3% during the 4th quarter. InterOcean Capital Group LLC now owns 3,808 shares of the company’s stock valued at $521,000 after buying an additional 86 shares during the last quarter. BNP Paribas purchased a new position in SPDR S&P Oil & Gas Exploration & Production ETF during the first quarter worth $35,000. Rothschild Investment LLC acquired a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the second quarter worth $37,000. Finally, Valley Wealth Managers Inc. lifted its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 1.0% in the fourth quarter. Valley Wealth Managers Inc. now owns 39,847 shares of the company’s stock valued at $5,455,000 after acquiring an additional 390 shares in the last quarter.

SPDR S&P Oil & Gas Exploration & Production ETF Trading Down 1.6 %

SPDR S&P Oil & Gas Exploration & Production ETF stock opened at $132.21 on Thursday. The stock has a 50-day moving average price of $141.33 and a 200 day moving average price of $146.46. SPDR S&P Oil & Gas Exploration & Production ETF has a 52 week low of $126.59 and a 52 week high of $162.49. The stock has a market cap of $3.37 billion, a PE ratio of 4.95 and a beta of 0.68.

About SPDR S&P Oil & Gas Exploration & Production ETF

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.