NewEdge Advisors LLC boosted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP – Free Report) by 124.8% during the 1st quarter, Holdings Channel.com reports. The firm owned 7,064 shares of the company’s stock after purchasing an additional 3,922 shares during the quarter. NewEdge Advisors LLC’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $1,284,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of the stock. Jones Financial Companies Lllp boosted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 6.6% in the first quarter. Jones Financial Companies Lllp now owns 7,389 shares of the company’s stock worth $973,000 after buying an additional 457 shares during the last quarter. Cresset Asset Management LLC raised its position in SPDR S&P Oil & Gas Exploration & Production ETF by 21.0% during the second quarter. Cresset Asset Management LLC now owns 2,037 shares of the company’s stock valued at $256,000 after acquiring an additional 354 shares in the last quarter. Cerity Partners LLC raised its position in SPDR S&P Oil & Gas Exploration & Production ETF by 24.2% during the second quarter. Cerity Partners LLC now owns 11,355 shares of the company’s stock valued at $1,428,000 after acquiring an additional 2,210 shares in the last quarter. Qube Research & Technologies Ltd lifted its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 1,641.6% in the second quarter. Qube Research & Technologies Ltd now owns 7,367 shares of the company’s stock valued at $927,000 after acquiring an additional 6,944 shares during the period. Finally, Caption Management LLC acquired a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the second quarter valued at approximately $1,642,000.
SPDR S&P Oil & Gas Exploration & Production ETF Price Performance
Shares of NYSEARCA XOP opened at $180.49 on Monday. The stock has a market capitalization of $3.81 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 12 month low of $122.11 and a 12 month high of $190.36. The firm’s 50 day simple moving average is $164.87 and its 200-day simple moving average is $164.29.
SPDR S&P Oil & Gas Exploration & Production ETF News Summary
- Positive Sentiment: Oil prices are headed for weekly gains after the United States threatened an indefinite naval blockade of Iran, increasing the risk of Middle Eastern supply disruptions and supporting crude prices. Oil set for weekly gains after US threatens indefinite blockade of Iran
- Positive Sentiment: A drone attack halted crude loadings at Russia’s Sheskharis terminal, adding another disruption to global oil exports and potentially tightening supply. Russia’s Black Sea’s Sheskharis terminal halts loadings after drone attack
- Positive Sentiment: Oil slicks and a major spill near Oman, alongside attacks on vessels in the Gulf region, are heightening concerns about shipping, environmental damage and potential interruptions to regional crude flows. Two slicks appear in Gulf as huge oil spill off Oman threatens disaster
- Neutral Sentiment: Crude is stalling near key moving-average resistance as traders remain cautious, suggesting that supply-risk headlines have not yet produced a decisive technical breakout. Crude Oil Price Forecast – WTI and Brent Stall at 50-Day EMAs Amid Geopolitical Caution
- Negative Sentiment: Forecasts for weaker global demand and a reported 17.4-million-barrel U.S. crude inventory build are weighing on prices, potentially pressuring XOP producers’ realized prices and margins. Natural Gas and Oil Forecast: 17.4M-Barrel Crude Build Weighs as Hormuz Risks Persist
- Negative Sentiment: Oil previously declined as analysts reduced 2026 demand projections, showing that concerns about economic weakness and consumption remain an important counterweight to geopolitical supply risks. Oil drops on lower demand forecasts despite deadlock in US-Iran talks
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.
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