Rokos Capital Management LLP Invests $55.27 Million in SPDR S&P Oil & Gas Exploration & Production ETF $XOP

Rokos Capital Management LLP bought a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 303,988 shares of the company’s stock, valued at approximately $55,271,000. SPDR S&P Oil & Gas Exploration & Production ETF makes up about 0.4% of Rokos Capital Management LLP’s holdings, making the stock its 27th largest position. Rokos Capital Management LLP owned about 1.56% of SPDR S&P Oil & Gas Exploration & Production ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Godfrey Financial Associates Inc. acquired a new position in SPDR S&P Oil & Gas Exploration & Production ETF during the fourth quarter worth $30,000. IFP Advisors Inc boosted its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 360.3% in the 3rd quarter. IFP Advisors Inc now owns 290 shares of the company’s stock worth $38,000 after buying an additional 227 shares during the last quarter. Advisory Services Network LLC purchased a new stake in SPDR S&P Oil & Gas Exploration & Production ETF during the 3rd quarter worth approximately $46,000. Advisors Preferred LLC acquired a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the first quarter valued at approximately $63,000. Finally, EFG International AG acquired a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the fourth quarter valued at approximately $76,000.

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

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

• Neutral Sentiment: Australia is considering building its first new oil refinery in more than 60 years to strengthen energy security amid Middle East supply concerns. The proposal could support long-term regional fuel demand, but it is a downstream project and has limited immediate impact on XOP’s upstream producers. Australia considers first domestic oil refinery in 60 years
• Neutral Sentiment: Investors are awaiting the Aug. 2 OPEC+ meeting, while Middle East tensions, Strait of Hormuz traffic and LNG demand remain important variables for crude prices. Continued supply uncertainty could limit the downside for oil and provide some support to XOP. Natural Gas and Oil Forecast: OPEC+ Meeting Looms; Can WTI Hold Above $83?
• Negative Sentiment: Crude prices fell more than 5%–6% after the U.S. and Iran paused strikes, raising hopes for diplomacy, restored shipping and reduced supply disruptions through the Strait of Hormuz. Brent crude moved below $90 a barrel, weighing directly on oil producers and pressuring XOP. Oil slips more than 5% after US pauses strikes on Iran
• Negative Sentiment: A Human Rights Watch report alleges that pollution associated with Perenco’s operations in the Democratic Republic of Congo is creating health risks for nearby communities. Although Perenco is not an ETF-wide development, the report adds regulatory, environmental and reputational pressure to the broader oil industry. Pollution linked to French-British oil firm’s Congo operations poses health risks

SPDR S&P Oil & Gas Exploration & Production ETF Price Performance

NYSEARCA XOP opened at $169.08 on Tuesday. The stock’s 50 day simple moving average is $163.73 and its 200-day simple moving average is $160.07. The company has a market cap of $3.45 billion, a PE ratio of 11.28 and a beta of 0.53. SPDR S&P Oil & Gas Exploration & Production ETF has a 1-year low of $121.46 and a 1-year high of $190.36.

SPDR S&P Oil & Gas Exploration & Production ETF 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.