Healthcare of Ontario Pension Plan Trust Fund raised its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP – Free Report) by 1.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,099,500 shares of the company’s stock after acquiring an additional 50,500 shares during the period. Healthcare of Ontario Pension Plan Trust Fund owned approximately 19.13% of SPDR S&P Oil & Gas Exploration & Production ETF worth $391,343,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in XOP. Cadence Wealth Management LLC grew its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 455.2% in the third quarter. Cadence Wealth Management LLC now owns 141,729 shares of the company’s stock valued at $18,737,000 after purchasing an additional 116,203 shares in the last quarter. Quantbot Technologies LP grew its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 64.1% in the third quarter. Quantbot Technologies LP now owns 8,682 shares of the company’s stock valued at $1,148,000 after purchasing an additional 3,392 shares in the last quarter. Krilogy Financial LLC grew its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 13.9% in the fourth quarter. Krilogy Financial LLC now owns 49,664 shares of the company’s stock valued at $6,694,000 after purchasing an additional 6,047 shares in the last quarter. Abbington Investment Group grew its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 78.8% in the fourth quarter. Abbington Investment Group now owns 48,649 shares of the company’s stock valued at $6,143,000 after purchasing an additional 21,435 shares in the last quarter. Finally, Advisors Preferred LLC acquired a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the third quarter valued at approximately $498,000.
SPDR S&P Oil & Gas Exploration & Production ETF Stock Performance
Shares of XOP stock opened at $165.34 on Friday. The stock has a market capitalization of $3.22 billion, a P/E ratio of 11.28 and a beta of 0.52. The company has a 50 day moving average price of $169.67 and a 200 day moving average price of $153.13. SPDR S&P Oil & Gas Exploration & Production ETF has a fifty-two week low of $121.46 and a fifty-two week high of $190.36.
Key SPDR S&P Oil & Gas Exploration & Production ETF News
- Positive Sentiment: Escalating U.S.-Iran tensions, including renewed strike fears and talk of a Strait of Hormuz closure, are fueling supply-disruption worries and supporting crude prices, which can lift oil-and-gas producers. Oil rises $2 as Iran announces closure of Strait of Hormuz following US strikes
- Positive Sentiment: Even with volatility, Reuters reported that only about 7 million barrels a day are still moving out of the Persian Gulf with U.S. military help, reinforcing the idea that supply risks remain elevated. US military helps move 7 million barrels of oil per day out of Persian Gulf, Wright says
- Neutral Sentiment: New reports suggest the actual loss of Gulf exports may be smaller than the market initially feared, which could limit upside for oil prices and XOP. Lost Gulf oil exports far smaller than thought, traders and shippers say
- Neutral Sentiment: CME’s plan for 24/7 gold and oil trading may improve access and liquidity over time, but it is more of a structural market change than an immediate catalyst. CME to offer 24/7 gold and oil trading
- Negative Sentiment: Oil prices are under pressure from hopes of a U.S.-Iran peace deal, which has pushed crude toward multi-month lows and could weigh on exploration-and-production shares. Trump Says Peace Deal With Iran Is Close, Oil Prices Head for 3-Month Low
- Negative Sentiment: Goldman Sachs lowered its 2027 Brent forecast, and OPEC again trimmed oil-demand growth estimates, both of which point to softer longer-term fundamentals for crude. Goldman lowers 2027 Brent oil forecast on supply growth, demand risks OPEC again lowers 2026 global oil demand growth forecast
- Negative Sentiment: Reuters also reported that investors are pulling back from the oil market at a record pace as volatility and headline risk make the sector harder to own, which could cap enthusiasm for XOP. Tired of chaos, investors retreat from oil market at record pace
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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