Traders sold shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) on strength during trading hours on Wednesday. $117.56 million flowed into the stock on the tick-up and $183.22 million flowed out of the stock on the tick-down, for a money net flow of $65.66 million out of the stock. Of all companies tracked, SPDR S&P Oil & Gas Exploration & Production ETF had the 0th highest net out-flow for the day. SPDR S&P Oil & Gas Exploration & Production ETF traded up $0.79 for the day and closed at $33.70

Institutional investors have recently made changes to their positions in the stock. Morgan Stanley raised its position in SPDR S&P Oil & Gas Exploration & Production ETF by 45.0% in the second quarter. Morgan Stanley now owns 18,290,440 shares of the company’s stock valued at $787,587,000 after purchasing an additional 5,674,838 shares during the period. JPMorgan Chase & Co. raised its position in SPDR S&P Oil & Gas Exploration & Production ETF by 52.8% in the third quarter. JPMorgan Chase & Co. now owns 5,992,563 shares of the company’s stock valued at $259,418,000 after purchasing an additional 2,069,639 shares during the period. Natixis raised its position in SPDR S&P Oil & Gas Exploration & Production ETF by 19.2% in the second quarter. Natixis now owns 3,650,000 shares of the company’s stock valued at $157,169,000 after purchasing an additional 588,106 shares during the period. Assetmark Inc. purchased a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the third quarter valued at $134,089,000. Finally, Richard Bernstein Advisors LLC raised its position in SPDR S&P Oil & Gas Exploration & Production ETF by 8.7% in the third quarter. Richard Bernstein Advisors LLC now owns 1,786,068 shares of the company’s stock valued at $77,314,000 after purchasing an additional 142,277 shares during the period.

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SPDR S&P Oil & Gas Exploration & Production ETF Company Profile (NYSEARCA:XOP)

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.

See Also: Hedge Funds

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