Allianz SE boosted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP – Free Report) by 12.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,025 shares of the company’s stock after acquiring an additional 7,000 shares during the quarter. Allianz SE owned 0.39% of SPDR S&P Oil & Gas Exploration & Production ETF worth $7,958,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of the stock. GRIMES & Co WEALTH MANAGEMENT LLC raised its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 3.1% during the fourth quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 3,093 shares of the company’s stock worth $391,000 after acquiring an additional 93 shares in the last quarter. Winthrop Capital Management LLC raised its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 40.7% during the third quarter. Winthrop Capital Management LLC now owns 332 shares of the company’s stock worth $44,000 after acquiring an additional 96 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 0.8% during the third quarter. Mercer Global Advisors Inc. ADV now owns 12,668 shares of the company’s stock worth $1,675,000 after acquiring an additional 103 shares in the last quarter. U.S. Capital Wealth Advisors LLC increased its stake in shares of 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 buying an additional 146 shares in the last quarter. Finally, HighTower Advisors LLC increased its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 1.1% in the third quarter. HighTower Advisors LLC now owns 17,811 shares of the company’s stock valued at $2,355,000 after buying an additional 187 shares in the last quarter.
SPDR S&P Oil & Gas Exploration & Production ETF Stock Performance
Shares of NYSEARCA:XOP opened at $165.34 on Friday. SPDR S&P Oil & Gas Exploration & Production ETF has a twelve month low of $121.46 and a twelve month high of $190.36. The firm has a market cap of $3.22 billion, a PE ratio of 11.28 and a beta of 0.52. The business has a fifty day moving average of $169.67 and a 200-day moving average of $153.13.
Trending Headlines about SPDR S&P Oil & Gas Exploration & Production ETF
- Positive Sentiment: Escalating U.S.-Iran tensions, including renewed strike fears and talk of a Strait of Hormuz closure, are fueling supply-disruption worries and supporting crude prices, which can lift oil-and-gas producers. Oil rises $2 as Iran announces closure of Strait of Hormuz following US strikes
- Positive Sentiment: Even with volatility, Reuters reported that only about 7 million barrels a day are still moving out of the Persian Gulf with U.S. military help, reinforcing the idea that supply risks remain elevated. US military helps move 7 million barrels of oil per day out of Persian Gulf, Wright says
- Neutral Sentiment: New reports suggest the actual loss of Gulf exports may be smaller than the market initially feared, which could limit upside for oil prices and XOP. Lost Gulf oil exports far smaller than thought, traders and shippers say
- Neutral Sentiment: CME’s plan for 24/7 gold and oil trading may improve access and liquidity over time, but it is more of a structural market change than an immediate catalyst. CME to offer 24/7 gold and oil trading
- Negative Sentiment: Oil prices are under pressure from hopes of a U.S.-Iran peace deal, which has pushed crude toward multi-month lows and could weigh on exploration-and-production shares. Trump Says Peace Deal With Iran Is Close, Oil Prices Head for 3-Month Low
- Negative Sentiment: Goldman Sachs lowered its 2027 Brent forecast, and OPEC again trimmed oil-demand growth estimates, both of which point to softer longer-term fundamentals for crude. Goldman lowers 2027 Brent oil forecast on supply growth, demand risks OPEC again lowers 2026 global oil demand growth forecast
- Negative Sentiment: Reuters also reported that investors are pulling back from the oil market at a record pace as volatility and headline risk make the sector harder to own, which could cap enthusiasm for XOP. Tired of chaos, investors retreat from oil market at record pace
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. 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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