BW Gestao de Investimentos Ltda. Takes Position in SPDR S&P Oil & Gas Exploration & Production ETF $XOP

BW Gestao de Investimentos Ltda. bought a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 17,955 shares of the company’s stock, valued at approximately $2,267,000. BW Gestao de Investimentos Ltda. owned about 0.11% of SPDR S&P Oil & Gas Exploration & Production ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of the business. GRIMES & Co WEALTH MANAGEMENT LLC increased its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 3.1% in the fourth quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 3,093 shares of the company’s stock valued at $391,000 after purchasing an additional 93 shares in the last quarter. Winthrop Capital Management LLC increased its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 40.7% in the third quarter. Winthrop Capital Management LLC now owns 332 shares of the company’s stock valued at $44,000 after purchasing an additional 96 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 0.8% in the third quarter. Mercer Global Advisors Inc. ADV now owns 12,668 shares of the company’s stock valued at $1,675,000 after purchasing an additional 103 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 2.6% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,822 shares of the company’s stock valued at $645,000 after purchasing an additional 121 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC increased its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 2.6% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 5,845 shares of the company’s stock valued at $738,000 after purchasing an additional 146 shares in the last quarter.

SPDR S&P Oil & Gas Exploration & Production ETF Trading Up 0.6%

XOP opened at $168.85 on Wednesday. SPDR S&P Oil & Gas Exploration & Production ETF has a 1-year low of $119.67 and a 1-year high of $190.36. The company has a market cap of $3.29 billion, a P/E ratio of 11.28 and a beta of 0.56. The company has a fifty day moving average price of $172.13 and a two-hundred day moving average price of $151.02.

Trending Headlines about SPDR S&P Oil & Gas Exploration & Production ETF

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

• Positive Sentiment: Oil prices have moved higher as conflict risks around Iran and the Strait of Hormuz intensify, including reports that Iran has mined “large segments” of the waterway, raising the chance of supply disruptions for global crude markets. Iran has mined ‘large segments’ of Hormuz Strait, Secretary of State Rubio says
• Positive Sentiment: Multiple market updates say crude is firming after hopes for a quick Iran deal faded, with analysts and trading firms warning the market may be underpricing war-related supply risks. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As Hopes Of Quick Iran Deal Fade Oil market could be underpricing risks, Vitol’s Bahrain chief says
• Positive Sentiment: Other reports suggest oil could stay elevated for longer if the Iran supply crisis persists, with one ADNOC executive calling August a potential tipping point for much higher prices. ADNOC trading chief flags August as tipping point for oil prices
• Neutral Sentiment: Some headlines point to mixed near-term trading, including oil easing at times on ceasefire hopes, but the broader backdrop remains volatile and headline-driven. Oil Pares Gains After Trump Efforts to Broker Israel-Hezbollah Ceasefire Oil steadies as uncertainty over US-Iran talks keeps markets on edge
• Negative Sentiment: Natural gas weakness is a small offset for energy producers, with U.S. gas futures falling on lower LNG export flows, though the impact on XOP is likely less important than the crude-driven rally. US natural gas futures fall as LNG export flows hit four-month low

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.