Stifel Financial Corp reduced its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 38.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,351 shares of the company’s stock after selling 6,594 shares during the period. Stifel Financial Corp’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $277,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brasada Capital Management LP purchased a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the fourth quarter valued at approximately $25,000. Price Wealth Management Inc. boosted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 54.5% during the fourth quarter. Price Wealth Management Inc. now owns 1,083 shares of the company’s stock valued at $29,000 after purchasing an additional 382 shares during the period. Capital Investment Advisory Services LLC purchased a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the fourth quarter valued at approximately $48,000. Daiwa Securities Group Inc. boosted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 13.3% during the fourth quarter. Daiwa Securities Group Inc. now owns 3,400 shares of the company’s stock valued at $90,000 after purchasing an additional 400 shares during the period. Finally, Evolution Wealth Advisors LLC purchased a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the fourth quarter valued at approximately $91,000.

Shares of XOP stock opened at $31.81 on Friday. SPDR S&P Oil & Gas Exploration & Production ETF has a 52 week low of $23.89 and a 52 week high of $45.45.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Monday, March 18th were paid a $0.073 dividend. This is a positive change from SPDR S&P Oil & Gas Exploration & Production ETF’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend was Friday, March 15th. This represents a $0.29 dividend on an annualized basis and a yield of 0.92%.

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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.

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

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