Stock Traders Purchase High Volume of Put Options on SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) saw unusually large options trading on Monday. Investors purchased 22,106 put options on the stock. This represents an increase of 48% compared to the average daily volume of 14,933 put options.

SPDR S&P Oil & Gas Exploration & Production ETF Trading Down 0.2%

Shares of NYSEARCA XOP traded down $0.37 during mid-day trading on Monday, reaching $200.01. 1,177,243 shares of the company’s stock were exchanged, compared to its average volume of 4,016,412. SPDR S&P Oil & Gas Exploration & Production ETF has a twelve month low of $122.83 and a twelve month high of $202.28. The firm has a market capitalization of $4.40 billion, a price-to-earnings ratio of 11.28 and a beta of 0.64. The business has a fifty day simple moving average of $188.09 and a 200 day simple moving average of $174.41.

Institutional Trading of SPDR S&P Oil & Gas Exploration & Production ETF

Several hedge funds have recently bought and sold shares of the stock. Continuum Advisory LLC acquired a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the second quarter valued at approximately $28,000. Compass Financial Management LLC bought a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the second quarter worth $34,000. Essential Partners LLC acquired a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the first quarter worth $44,000. Capital Analysts LLC acquired a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the second quarter worth $41,000. Finally, Advisors Preferred LLC acquired a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the first quarter worth $63,000.

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.