SPDR S&P Oil & Gas Exploration & Production ETF $XOP Stake Decreased by IFP Advisors Inc

IFP Advisors Inc cut its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP – Free Report) by 93.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 302 shares of the company’s stock after selling 4,165 shares during the quarter. IFP Advisors Inc’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $54,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. TD Waterhouse Canada Inc. increased its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 1.1% during the third quarter. TD Waterhouse Canada Inc. now owns 50,870 shares of the company’s stock valued at $9,357,000 after acquiring an additional 561 shares during the period. Vanguard Capital Wealth Advisors acquired a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the 3rd quarter valued at approximately $277,000. Mirae Asset Securities USA Inc. acquired a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the 3rd quarter valued at approximately $116,564,000. Walser Wealth Management Company A Ltd Liability Co bought a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the 3rd quarter worth approximately $2,674,000. Finally, Stapp Wealth Management Pllc lifted its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 0.5% in the 3rd quarter. Stapp Wealth Management Pllc now owns 23,543 shares of the company’s stock worth $4,222,000 after acquiring an additional 118 shares during the period.

SPDR S&P Oil & Gas Exploration & Production ETF Trading Up 2.1%

Shares of XOP stock opened at $203.76 on Friday. SPDR S&P Oil & Gas Exploration & Production ETF has a 12 month low of $123.16 and a 12 month high of $206.05. The company has a market capitalization of $4.64 billion, a P/E ratio of 11.28 and a beta of 0.64. The stock has a 50 day moving average of $191.69 and a two-hundred day moving average of $170.21.

SPDR S&P Oil & Gas Exploration & Production ETF News Roundup

Here are the key news stories impacting SPDR S&P Oil & Gas Exploration & Production ETF this week:

  • Positive Sentiment: WTI and Brent crude continue to attract dip buyers, with falling inventories and potential breakouts at key resistance levels supporting higher oil-price expectations. This is favorable for XOP’s producers because higher realized prices can expand revenue and margins. Crude Oil Weekly Price Forecast – Oil Continues to See Dip Buying
  • Positive Sentiment: Middle East tensions, including a tanker attack near the Strait of Hormuz and Houthi strikes, are renewing concerns about disrupted crude shipments and supporting a geopolitical risk premium in oil prices. Crude Oil Price Forecast: WTI, Brent Rise After Hormuz Tanker Attack
  • Positive Sentiment: Exxon Mobil and Chevron reported better-than-expected third-quarter results and reached record highs, reinforcing investor confidence in large energy companies and the broader oil-producing sector. BP also reported quarterly underlying replacement-cost profit of $8.5 billion. Oil Giants Chevron, ExxonMobil Tap Record Highs After Earnings
  • Neutral Sentiment: Oil markets face mixed inventory and demand signals, while WTI near $105–$106.50 and Brent near $114–$120 are approaching technical resistance. A breakout could extend XOP’s rally, but failure may encourage profit-taking. Crude Oil Price Forecast – Oil Continues to Grind Higher
  • Negative Sentiment: The United States is lending approximately 40 million barrels from the Strategic Petroleum Reserve as part of a global agreement. Additional supply could temporarily ease market tightness and limit crude-price gains, creating a risk for energy producers and XOP. US loans 40 million barrels of oil from SPR

SPDR S&P Oil & Gas Exploration & Production ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

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