RFG Advisory LLC Takes Position in SPDR S&P Oil & Gas Exploration & Production ETF $XOP

RFG Advisory LLC acquired a new stake in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 37,269 shares of the company’s stock, valued at approximately $5,749,000. RFG Advisory LLC owned approximately 0.18% of SPDR S&P Oil & Gas Exploration & Production ETF as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in XOP. NewEdge Advisors LLC boosted its position in SPDR S&P Oil & Gas Exploration & Production ETF by 1,809.2% during the second quarter. NewEdge Advisors LLC now owns 134,865 shares of the company’s stock worth $20,804,000 after purchasing an additional 127,801 shares during the period. IFP Advisors Inc raised its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 1,451.0% in the second quarter. IFP Advisors Inc now owns 4,467 shares of the company’s stock valued at $689,000 after purchasing an additional 4,179 shares during the period. Baird Financial Group Inc. lifted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 8.6% in the second quarter. Baird Financial Group Inc. now owns 1,564 shares of the company’s stock worth $241,000 after buying an additional 124 shares during the last quarter. Waverly Advisors LLC lifted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 263.1% in the second quarter. Waverly Advisors LLC now owns 11,304 shares of the company’s stock worth $1,744,000 after buying an additional 8,191 shares during the last quarter. Finally, Brown Lisle Cummings Inc. acquired a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the second quarter worth $177,000.

SPDR S&P Oil & Gas Exploration & Production ETF Trading Up 0.6%

NYSEARCA XOP opened at $195.01 on Thursday. SPDR S&P Oil & Gas Exploration & Production ETF has a 1 year low of $122.11 and a 1 year high of $196.38. The company has a fifty day simple moving average of $175.90 and a 200 day simple moving average of $169.98. The company has a market cap of $4.11 billion, a P/E ratio of 11.28 and a beta of 0.54.

Key Stories Impacting 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: Crude’s move above $100 is the primary bullish catalyst for XOP, with Middle East supply risks raising expectations for stronger realized prices across the U.S. oil-and-gas producer group. Brent crude rises above $100 a barrel as Middle East conflict escalates
• Positive Sentiment: Market commentary says XOP is forming an inverse head-and-shoulders pattern as oil tops $100, suggesting improving technical momentum and the possibility of further gains if the breakout holds. XOP builds an inverse head-and-shoulders pattern as oil tops $100 per barrel
• Positive Sentiment: Goldman Sachs’ view that prolonged supply disruptions could push oil toward $120 highlights the upside potential for energy ETFs, including XOP, if geopolitical risk persists. Goldman sees oil hitting $120
• Neutral Sentiment: The EIA expects U.S. natural-gas production and demand to reach records in 2026 and 2027. Strong demand is supportive, but abundant supply and weaker natural-gas prices may create a mixed backdrop for XOP’s gas-exposed constituents. U.S. natural gas output and demand to hit record highs
• Negative Sentiment: Oil-driven inflation is pressuring stocks and Treasury markets, increasing expectations for Federal Reserve tightening. Higher interest rates could weigh on equity valuations and raise financing costs for smaller energy producers. S&P 500 selling deepens as oil keeps Fed risk high

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.