Hilltop Holdings Inc. Purchases 4,474 Shares of SPDR S&P Oil & Gas Exploration & Production ETF $XOP

Hilltop Holdings Inc. lifted its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 117.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,291 shares of the company’s stock after purchasing an additional 4,474 shares during the quarter. Hilltop Holdings Inc.’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $1,508,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Godfrey Financial Associates Inc. bought a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the fourth quarter worth $30,000. IFP Advisors Inc boosted its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 360.3% during the third quarter. IFP Advisors Inc now owns 290 shares of the company’s stock worth $38,000 after buying an additional 227 shares in the last quarter. Advisors Preferred LLC bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the 1st quarter valued at $63,000. Advisory Services Network LLC bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the 3rd quarter valued at $46,000. Finally, Ball & Co Wealth Management Inc. acquired a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the 1st quarter valued at $86,000.

SPDR S&P Oil & Gas Exploration & Production ETF Stock Performance

Shares of XOP stock opened at $174.05 on Friday. The firm has a fifty day moving average of $163.87 and a 200-day moving average of $159.53. The stock has a market cap of $3.53 billion, a price-to-earnings ratio of 11.28 and a beta of 0.53. SPDR S&P Oil & Gas Exploration & Production ETF has a 52-week low of $121.46 and a 52-week high of $190.36.

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 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 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.