JPMorgan Chase & Co. increased its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP – Free Report) by 2.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,054,720 shares of the company’s stock after acquiring an additional 79,498 shares during the period. JPMorgan Chase & Co. owned about 20.78% of SPDR S&P Oil & Gas Exploration & Production ETF worth $403,834,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in XOP. SG Americas Securities LLC raised its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 792.5% in the 3rd quarter. SG Americas Securities LLC now owns 253,594 shares of the company’s stock valued at $33,525,000 after purchasing an additional 225,181 shares during the period. Cadence Wealth Management LLC grew its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 455.2% during the third quarter. Cadence Wealth Management LLC now owns 141,729 shares of the company’s stock worth $18,737,000 after buying an additional 116,203 shares in the last quarter. Quadrature Capital Ltd raised its position in SPDR S&P Oil & Gas Exploration & Production ETF by 730.7% in the 2nd quarter. Quadrature Capital Ltd now owns 93,001 shares of the company’s stock valued at $11,700,000 after buying an additional 81,806 shares during the last quarter. Marex Group plc bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the 2nd quarter valued at approximately $8,415,000. Finally, Group One Trading LLC bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the 2nd quarter valued at approximately $6,944,000.
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: XOP-specific move: The ETF rallied strongly despite oil remaining below key levels, suggesting investors are rotating into E&P equities and positive flows are lifting the fund. XOP Beats The Odds And Climbs 17.1%
- Positive Sentiment: Geopolitical risk spike: U.S. statements indicating Iran hasn’t met key demands — and comments that military options remain on the table — lifted oil risk premia and supported E&P stocks. That pushed broader oil sentiment higher, helping XOP. Oil jumps more than 2% after Vance says Iran ignored key U.S. demand, military strikes on the table
- Positive Sentiment: Strait of Hormuz tensions and Iran naval activity have intermittently tightened market perceptions of supply risk, keeping a war premium alive that benefits upstream-focused ETFs like XOP. Iran partially closes Strait of Hormuz, a vital oil chokepoint
- Neutral Sentiment: Big capital flows into U.S. energy projects: Japan’s pledged $36B of investment into U.S. oil, gas and critical-mineral projects is constructive for long-term industry capex and service demand, but it’s a multi-year positive rather than an immediate driver. Trump lauds Japan’s pledge to invest $36 billion
- Neutral Sentiment: Oil-trading moves: Traders’ consolidation and mixed signals from major traders (e.g., Glencore earning less on energy trading despite higher volumes) are more market-structure than demand drivers, producing limited direct impact on XOP. Glencore sold more oil, earned less
- Negative Sentiment: Rising supply signals: India’s refiners buying Venezuelan crude (including first-time purchases) could add incremental supply to global markets and weigh on oil prices over time, a headwind for E&P profitability and XOP. India’s Bharat Petroleum, HPCL Mittal buy Venezuelan oil
- Negative Sentiment: Supply-side pressure: Faster output ramps (e.g., Tengiz) and recent inventory builds are capping upside in crude — a constraint on sustained E&P multiple expansion and a potential drag on XOP if inventories continue to rise. Tengiz output surge caps crude at $70?
SPDR S&P Oil & Gas Exploration & Production ETF Stock Up 1.8%
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. 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.
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