SPDR S&P Oil & Gas Exploration & Production ETF Target of Unusually High Options Trading (NYSEARCA:XOP)

SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) was the recipient of some unusual options trading on Tuesday. Stock traders acquired 36,427 put options on the stock. This is an increase of approximately 198% compared to the typical daily volume of 12,230 put options.

SPDR S&P Oil & Gas Exploration & Production ETF Trading Up 2.4%

Shares of NYSEARCA XOP opened at $127.90 on Thursday. The business has a 50-day moving average of $129.76 and a 200-day moving average of $129.36. The firm has a market capitalization of $1.88 billion, a price-to-earnings ratio of 11.28 and a beta of 0.95. SPDR S&P Oil & Gas Exploration & Production ETF has a 12 month low of $99.01 and a 12 month high of $146.56.

Hedge Funds Weigh In On SPDR S&P Oil & Gas Exploration & Production ETF

Institutional investors have recently made changes to their positions in the stock. Banco Bilbao Vizcaya Argentaria S.A. purchased a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the 1st quarter valued at $1,924,000. Flow Traders U.S. LLC bought a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the first quarter valued at $3,897,000. Quantitative Investment Management LLC purchased a new stake in SPDR S&P Oil & Gas Exploration & Production ETF during the first quarter valued at about $13,353,000. Jones Financial Companies Lllp lifted its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 6.6% during the first quarter. Jones Financial Companies Lllp now owns 7,389 shares of the company’s stock worth $973,000 after purchasing an additional 457 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF during the second quarter worth about $38,000.

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.