SPDR S&P Oil & Gas Exploration & Production ETF $XOP Shares Bought by HighTower Advisors LLC

HighTower Advisors LLC increased its holdings in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 50.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,820 shares of the company’s stock after buying an additional 9,009 shares during the quarter. HighTower Advisors LLC owned about 0.17% of SPDR S&P Oil & Gas Exploration & Production ETF worth $3,386,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Cadence Wealth Management LLC increased its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 455.2% in the 3rd 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 during the period. Quantbot Technologies LP increased its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 64.1% in the 3rd quarter. Quantbot Technologies LP now owns 8,682 shares of the company’s stock worth $1,148,000 after buying an additional 3,392 shares during the period. Krilogy Financial LLC increased its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 13.9% in the 4th quarter. Krilogy Financial LLC now owns 49,664 shares of the company’s stock worth $6,694,000 after buying an additional 6,047 shares during the period. Advisors Preferred LLC acquired a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the 3rd quarter worth approximately $498,000. Finally, Abbington Investment Group increased its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 78.8% in the 4th quarter. Abbington Investment Group now owns 48,649 shares of the company’s stock worth $6,143,000 after buying an additional 21,435 shares during the period.

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

Shares of NYSEARCA:XOP opened at $163.99 on Friday. SPDR S&P Oil & Gas Exploration & Production ETF has a twelve month low of $118.77 and a twelve month high of $190.36. The company’s 50 day moving average is $172.28 and its 200 day moving average is $150.65. The company has a market cap of $3.20 billion, a PE ratio of 11.28 and a beta of 0.56.

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

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

• Negative Sentiment: Oil prices fell as traders increasingly bet that a U.S.-Iran deal could reopen the Strait of Hormuz and reduce supply-disruption fears, a clear headwind for oil producers and energy ETFs like XOP. Oil prices fall after Trump says he will make final determination on Iran deal
• Negative Sentiment: Brent crude is down sharply for the month, with multiple reports noting the largest monthly decline since 2020, reflecting weaker oil pricing that can pressure XOP holdings. Oil Declines Lift Stocks to Fresh Records
• Negative Sentiment: Crude is also on track for a second straight weekly loss as markets focus on ceasefire hopes and easing disruption risks, extending the bearish tone for energy producers. Oil falls slightly on reports of potential US-Iran ceasefire deal
• Negative Sentiment: Saudi Arabia may lower July official crude prices to Asia as demand weakens, another sign that near-term oil fundamentals are softening. Saudi Arabia may lower July oil prices to Asia as demand weakens
• Neutral Sentiment: Some reports warned that inventory drawdowns and a record-low shale well backlog could limit how quickly U.S. producers boost supply, which may eventually support oil prices if disruptions persist. Record-low U.S. shale well backlog curbs fast output gains amid export surge
• Neutral Sentiment: Exxon also warned that inventories could become very tight in coming weeks, suggesting the recent oil selloff may not fully reflect lingering supply risk. Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher

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.