Mirae Asset Global Investments Co. Ltd. Has $2.12 Million Stock Position in SPDR S&P Oil & Gas Exploration & Production ETF $XOP

Mirae Asset Global Investments Co. Ltd. grew its position in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 179.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 16,770 shares of the company’s stock after buying an additional 10,770 shares during the period. Mirae Asset Global Investments Co. Ltd. owned 0.11% of SPDR S&P Oil & Gas Exploration & Production ETF worth $2,117,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cadence Wealth Management LLC increased its stake in shares of 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 valued at $18,737,000 after buying an additional 116,203 shares during the period. Canoe Financial LP acquired a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the 3rd quarter valued at $593,000. Quantbot Technologies LP increased its stake in shares of 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 valued at $1,148,000 after buying an additional 3,392 shares during the period. JPMorgan Chase & Co. increased its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 2.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,054,720 shares of the company’s stock valued at $403,834,000 after buying an additional 79,498 shares during the period. Finally, Advisors Preferred LLC acquired a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the 3rd quarter valued at $498,000.

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:

• Positive Sentiment: Brent surged above $105 on reports of Iranian negotiating-team turmoil, amplifying crude supply-risk fears that support E&P cash flows and XOP performance. Brent oil tops $105 on unconfirmed report Iran parliament speaker resigned from negotiating team
• Positive Sentiment: Naval tensions and seizures around the Strait of Hormuz have tightened tanker traffic and lifted oil risk premia, a bullish catalyst for energy producers in XOP. U.S. and Iran seize ships as war evolves into naval standoff over Strait of Hormuz during ceasefire
• Positive Sentiment: Commentary and market flow pieces note oil and Treasury yields rising as peace talks stall — a macro backdrop that typically boosts energy stocks and E&P ETF flows. Oil, U.S. Treasury Yields Rise on Peace Talks Standoff
• Positive Sentiment: Analysts and commentators are highlighting energy ETFs as a way to play persistent supply constraints and ongoing geopolitical risk, which can attract incremental fund flows into XOP. Energy ETFs to Shine Amid Supply Constraints and Elusive Peace Talks
• Positive Sentiment: Technical analysis shows crude reclaiming short-term averages, suggesting further upside momentum that tends to lift E&P equities and ETFs like XOP. Crude Oil Price Forecast: Key Averages Define Next Move
• Neutral Sentiment: The Druzhba pipeline has resumed flows to Slovakia, easing a regional supply shock; this could moderate some European tightness but is a gradual development. Druzhba oil flow to Slovakia resumed
• Neutral Sentiment: Russia says it’s maintaining oil supplies and has no new OPEC+ initiatives — a steadying message that partly offsets extreme supply fear but doesn’t eliminate Iran-related risk. Russia says it’s maintaining oil supplies but has no new OPEC+ initiatives
• Neutral Sentiment: A fire at Russia’s Tuapse terminal was brought under control after a drone attack — immediate disruption appears limited, though such incidents keep attention on logistical risk. Fire brought under control at Russia’s Tuapse oil terminal
• Negative Sentiment: S&P Global cut its 2026 oil demand forecast by 700,000 bpd due to the Iran war, a demand downgrade that could weigh on prices and pressure E&P earnings longer term. S&P Global cuts 2026 oil demand forecast
• Negative Sentiment: U.S. oil executives expect domestic output to rise if the Iran war continues, which could blunt price rallies and cap upside for U.S. E&P stocks in XOP over time. US oil executives expect crude output to rise

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

NYSEARCA XOP opened at $169.56 on Friday. The stock has a fifty day moving average of $165.93 and a 200-day moving average of $143.25. The stock has a market capitalization of $3.22 billion, a P/E ratio of 11.28 and a beta of 0.61. SPDR S&P Oil & Gas Exploration & Production ETF has a 52 week low of $109.38 and a 52 week high of $190.36.

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.