Caxton Associates LLP bought a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP – Free Report) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm bought 4,546 shares of the company’s stock, valued at approximately $827,000.
Other hedge funds also recently made changes to their positions in the company. Wells Fargo & Company MN increased its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 241.9% in the 4th quarter. Wells Fargo & Company MN now owns 383,331 shares of the company’s stock valued at $48,399,000 after acquiring an additional 271,214 shares during the last quarter. Marshall Wace LLP acquired a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the 4th quarter valued at approximately $28,088,000. Bessemer Group Inc. lifted its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 28.0% during the first quarter. Bessemer Group Inc. now owns 629,152 shares of the company’s stock worth $114,399,000 after purchasing an additional 137,737 shares during the last quarter. Cadence Wealth Management LLC boosted its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 66.5% in the fourth quarter. Cadence Wealth Management LLC now owns 235,924 shares of the company’s stock worth $29,788,000 after purchasing an additional 94,195 shares during the period. Finally, Jump Financial LLC acquired a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the third quarter worth $11,167,000.
Key Headlines Impacting 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 surged as conflict in the Middle East raised fears of supply disruptions, with attacks on tankers and threats to key shipping chokepoints like the Strait of Hormuz and Bab el-Mandeb supporting energy producers. Oil prices rise to six-week high as US-Iran tensions escalate
- Positive Sentiment: Physical crude prices jumped to two-month highs, with some barrels nearing $110, indicating tighter near-term supply and potentially better realized pricing for exploration and production companies. Physical oil prices jump with some nearing $110 as Iran, Ukraine wars hit supply
- Positive Sentiment: Energy shares gained as Brent briefly topped $100 a barrel, reflecting investor demand for oil-sector exposure amid escalating geopolitical risk. US energy shares gain as Houthi tanker attacks push Brent to $100
- Neutral Sentiment: Some headlines noted oil pulled back from recent highs on profit-taking and hopes for renewed U.S.-Iran talks, which could slow momentum if tensions ease. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats 4% On Profit-Taking
- Negative Sentiment: Broader market commentary flagged concern that higher oil prices and rising yields could pressure equities, especially if energy costs start to weigh on the wider economy. Investors fret that spiking oil prices and rising yields could threaten stock rally
SPDR S&P Oil & Gas Exploration & Production ETF Price Performance
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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