Abbington Investment Group Purchases Shares of 27,214 SPDR S&P Oil & Gas Exploration & Production ETF $XOP

Abbington Investment Group bought a new position in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) during the 3rd quarter, HoldingsChannel reports. The fund bought 27,214 shares of the company’s stock, valued at approximately $3,598,000. SPDR S&P Oil & Gas Exploration & Production ETF accounts for about 3.1% of Abbington Investment Group’s holdings, making the stock its 11th biggest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MAI Capital Management increased its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 7.5% during the second quarter. MAI Capital Management now owns 1,339 shares of the company’s stock worth $168,000 after buying an additional 93 shares in the last quarter. U.S. Capital Wealth Advisors LLC raised its position in SPDR S&P Oil & Gas Exploration & Production ETF by 1.7% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 5,699 shares of the company’s stock valued at $753,000 after purchasing an additional 97 shares during the last quarter. Winthrop Capital Management LLC boosted its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 84.4% in the second quarter. Winthrop Capital Management LLC now owns 236 shares of the company’s stock worth $30,000 after purchasing an additional 108 shares in the last quarter. Convergence Financial LLC grew its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 2.2% during the second quarter. Convergence Financial LLC now owns 9,542 shares of the company’s stock worth $1,200,000 after purchasing an additional 207 shares during the last quarter. Finally, Financial Gravity Companies Inc. bought a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the second quarter worth $28,000.

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

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

• Positive Sentiment: U.S. forces moved to seize a Venezuela-linked tanker after a weeks‑long pursuit, a development that can tighten seaborne flows in the near term and lift E&P shares. US seizing Venezuela-linked oil tanker
• Positive Sentiment: Britain supported the U.S. operation to seize a Russian‑flagged tanker, underscoring coordinated enforcement that can sustain short-term supply risk and bolster oil producers. UK supported US mission to seize Russian oil tanker
• Positive Sentiment: U.S. crude inventories showed a larger‑than‑expected draw, which provides a technical and fundamental lift to oil prices and helps E&P sentiment. U.S. crude inventories fall
• Neutral Sentiment: Crude staged a one‑day bullish reversal and is testing 50‑day resistance — a technical improvement that could support further inflows to oil equities if confirmed above key levels. Crude reversal and resistance test
• Neutral Sentiment: Norway’s regulator flagged that output will fall toward 2030, a longer‑term supply decline that is supportive for prices over time but is gradual in impact. Norway output outlook
• Negative Sentiment: Vitol received a preliminary U.S. license to begin negotiations on Venezuelan oil imports/exports, which raises the prospect of substantial additional crude reaching markets and weighing on prices and E&P margins. Vitol preliminary US license
• Negative Sentiment: Reports that the U.S. plans to import tens of millions of barrels of Venezuelan oil (and is arranging licenses/marketing) amplify oversupply concerns that can cap upside for U.S. E&P stocks if volumes materialize. Trump says Venezuela would give 30-50 million barrels
• Negative Sentiment: Multiple traders (Vitol, Trafigura) and majors are in talks with U.S. officials about Venezuelan supply and sales, signaling a realistic pathway for increased exports that could pressure oil producers over the medium term. Vitol and Trafigura talks

SPDR S&P Oil & Gas Exploration & Production ETF Stock Up 3.6%

SPDR S&P Oil & Gas Exploration & Production ETF stock opened at $128.46 on Friday. The stock has a 50-day simple moving average of $129.75 and a 200 day simple moving average of $129.16. SPDR S&P Oil & Gas Exploration & Production ETF has a 12-month low of $99.01 and a 12-month high of $146.56. The stock has a market capitalization of $1.80 billion, a price-to-earnings ratio of 11.28 and a beta of 0.95.

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.