Heritage Wealth Management Inc. cut its stake in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP – Free Report) by 54.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,315 shares of the company’s stock after selling 7,681 shares during the period. Heritage Wealth Management Inc.’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $797,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SG Americas Securities LLC lifted its position in SPDR S&P Oil & Gas Exploration & Production ETF by 792.5% during the 3rd quarter. SG Americas Securities LLC now owns 253,594 shares of the company’s stock worth $33,525,000 after buying an additional 225,181 shares in the last quarter. Quadrature Capital Ltd boosted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 139.7% during the 3rd quarter. Quadrature Capital Ltd now owns 222,891 shares of the company’s stock worth $29,462,000 after buying an additional 129,890 shares during the last quarter. Cadence Wealth Management LLC boosted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 455.2% during the 3rd quarter. Cadence Wealth Management LLC now owns 141,729 shares of the company’s stock worth $18,737,000 after buying an additional 116,203 shares during the last quarter. Jump Financial LLC acquired a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the 3rd quarter worth about $11,167,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 2.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,054,720 shares of the company’s stock worth $403,834,000 after buying an additional 79,498 shares during the last quarter.
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: Brent nears $100 as tanker traffic through the Strait of Hormuz remains restricted, keeping a strong risk premium on crude and supporting exploration & production names that make up XOP. Brent oil price near $100 again with U.S.-Iran talks uncertain and Hormuz still blocked
- Positive Sentiment: Pakistan is running furnace-oil power plants at full tilt and postponing nuclear maintenance amid LNG shortages, boosting near-term regional fuel demand that can support oil prices and XOP constituents. Pakistan ramps up furnace oil use, delays nuclear maintenance amid LNG shortages
- Positive Sentiment: Japan plans a ~$10 billion framework to help Asian countries secure oil supplies, which signals policy-driven demand support for crude markets and positive fundamentals for oil producers. Japan plans $10 billion framework to help Asia secure oil
- Neutral Sentiment: The Kremlin says Russia has learned to minimize sanction impacts after the U.S. declined to renew an oil waiver — this could lessen a potential supply shock, but implications for global flows remain uncertain. Kremlin says Russia has learnt to minimise impact of sanctions
- Neutral Sentiment: India’s central bank has asked state refiners to curb spot dollar purchases and use a special FX credit line — a financial-macro move with unclear near-term impact on crude demand or prices. India’s RBI asks state oil refiners to curb spot dollar buying, sources say
- Negative Sentiment: Earlier sessions saw oil prices fall on reports that U.S.–Iran talks may resume, which reduces the geopolitical risk premium and can weigh on XOP if talks progress. Oil prices fall as hopes for US-Iran deal outweigh supply disruption concerns
- Negative Sentiment: Market commentary and forecasts note two‑way risks to 2026 oil prices as ceasefire/peace-talk headlines repeatedly swing sentiment; that volatility can cap sustained upside for XOP even when prices spike. Goldman Sachs flags two‑way risks to their 2026 oil price outlook
SPDR S&P Oil & Gas Exploration & Production ETF Price Performance
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.
See Also
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