DV Trading LLC lifted its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP – Free Report) by 548.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,830 shares of the company’s stock after purchasing an additional 4,085 shares during the period. DV Trading LLC’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $878,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. NewEdge Advisors LLC grew its position in SPDR S&P Oil & Gas Exploration & Production ETF by 124.8% during the first quarter. NewEdge Advisors LLC now owns 7,064 shares of the company’s stock valued at $1,284,000 after buying an additional 3,922 shares during the period. Essential Partners LLC purchased a new stake in SPDR S&P Oil & Gas Exploration & Production ETF during the first quarter worth about $44,000. Arete Wealth Advisors LLC raised its position in SPDR S&P Oil & Gas Exploration & Production ETF by 1.9% in the first quarter. Arete Wealth Advisors LLC now owns 27,369 shares of the company’s stock worth $4,972,000 after acquiring an additional 517 shares during the period. Edgestream Partners L.P. bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the first quarter worth about $804,000. Finally, Encore Global Management LP purchased a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the first quarter valued at about $2,727,000.
SPDR S&P Oil & Gas Exploration & Production ETF Stock Up 1.4%
XOP opened at $177.40 on Friday. SPDR S&P Oil & Gas Exploration & Production ETF has a twelve month low of $121.46 and a twelve month high of $190.36. The company’s 50-day moving average price is $163.62 and its two-hundred day moving average price is $161.12. The stock has a market cap of $3.62 billion, a price-to-earnings ratio of 11.28 and a beta of 0.53.
Trending Headlines about SPDR S&P Oil & Gas Exploration & Production ETF
- Positive Sentiment: Oil prices rebounded from session lows after Iran said it had stopped two vessels attempting to leave the Strait of Hormuz. The move reinforced concerns that attacks and transit restrictions could reduce global energy supplies, supporting the bullish case for XOP’s holdings. Oil price rises after Iran says it stops ships in Hormuz
- Positive Sentiment: Ongoing attacks and supply-disruption risks in the Middle East and Black Sea have kept a significant geopolitical premium in crude markets. Brent has been approaching the $100 level, while WTI has found technical support, conditions that can improve profitability for U.S. producers. Oil Price Forecast: WTI Rebounds as Brent Eyes $100 Amid Supply Risks
- Positive Sentiment: ExxonMobil reported sharply higher earnings and Chevron posted a record quarterly result as energy prices surged, providing a favorable read-through for the broader oil and gas sector, including XOP constituents. Big Oil Is Reaping Rewards From the Chaos in Energy Markets
- Neutral Sentiment: U.S. crude production fell about 2% in May from April’s record, but domestic oil demand also declined. Lower output may tighten supply, while weaker demand limits the overall benefit to producers. US oil output and demand fell in May, EIA says
- Negative Sentiment: Improving tanker traffic through the Strait of Hormuz—estimated at roughly 30% to 35% of pre-war levels—has eased some supply fears. Profit-taking and greater flows have periodically pushed crude lower, limiting near-term upside for XOP. Oil prices ease as recovering Hormuz Strait traffic tempers war premium
- Negative Sentiment: Portugal approved a 33% windfall tax on extraordinary 2026 profits for oil and refining companies. The measure is geographically limited but highlights the risk that governments may seek to capture energy-sector gains during the crisis. Portugal approves 33% windfall tax on oil companies’ excess profits
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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