Private Advisor Group LLC increased its position in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP – Free Report) by 336.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,212 shares of the company’s stock after purchasing an additional 12,494 shares during the quarter. Private Advisor Group LLC owned approximately 0.08% of SPDR S&P Oil & Gas Exploration & Production ETF worth $2,948,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Abound Wealth Management acquired a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the fourth quarter valued at approximately $25,000. Godfrey Financial Associates Inc. acquired a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the 4th quarter valued at $30,000. IFP Advisors Inc lifted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 360.3% in the 3rd quarter. IFP Advisors Inc now owns 290 shares of the company’s stock valued at $38,000 after purchasing an additional 227 shares during the period. Advisory Services Network LLC bought a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the 3rd quarter worth $46,000. Finally, EFG International AG bought a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the 4th quarter worth $76,000.
SPDR S&P Oil & Gas Exploration & Production ETF News Roundup
Here are the key news stories impacting SPDR S&P Oil & Gas Exploration & Production ETF this week:
- Positive Sentiment: Oil prices are being lifted by renewed U.S.-Iran conflict, including fresh strikes and threats to shipping through the Strait of Hormuz, raising the risk of supply disruptions and supporting upstream energy stocks. Oil rises after US launches fresh strikes against Iran
- Positive Sentiment: Fuel markets are flashing a supply crunch in gasoline and diesel, suggesting refined-product tightness could keep energy prices elevated even if crude itself is calmer. Fuel markets flash supply crunch despite calmer oil prices
- Positive Sentiment: Governments are expected to keep buying oil to rebuild strategic reserves through 2028, creating a longer-term source of crude demand that can benefit exploration and production companies. Strategic oil reserve buying set to support crude demand through 2028
- Positive Sentiment: Several market updates point to resilient crude trading and elevated refinery runs, with WTI and Brent holding key support levels, which is constructive for oil-focused ETFs like XOP. Natural Gas and Oil Forecast: WTI Defends $73.85 While Brent Holds $78.33 — NatGas Eyes Higher?
- Neutral Sentiment: Analysts say crude is showing signs of a potential bottom, but upside may be capped by nearby resistance, limiting the near-term breakout case. Crude Oil Price Forecast: Bullish Reversal Faces Key Resistance
- Neutral Sentiment: Iraq’s comments on OPEC quotas were mostly market housekeeping rather than a major immediate catalyst for XOP. Iraq will not leave OPEC but seeks fair output quota, PM says
- Negative Sentiment: U.S. crude inventories posted an unexpected build, which can pressure oil prices and weigh on energy equities if traders focus more on supply than on geopolitical risk. U.S. Crude Oil Stockpiles Post Unexpected Build
SPDR S&P Oil & Gas Exploration & Production ETF Stock Down 1.6%
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.
Read More
- Five stocks we like better than SPDR S&P Oil & Gas Exploration & Production ETF
- PriceSmart Stock Eyes $220 as Chile Expansion Fuels Growth
- Dollar Tree’s Turnaround Is Starting to Take Root
- Why Levi’s Digital Strategy Is Paying Off in a Big Way
- Constellation Brands: Beer Growth and Buybacks Mask Stock’s Slump
Receive News & Ratings for SPDR S&P Oil & Gas Exploration & Production ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Oil & Gas Exploration & Production ETF and related companies with MarketBeat.com's FREE daily email newsletter.
