Northwestern Mutual Wealth Management Co. lowered its position in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP – Free Report) by 84.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,176 shares of the company’s stock after selling 32,915 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $780,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 2.7% in the third quarter. JPMorgan Chase & Co. now owns 3,054,720 shares of the company’s stock valued at $403,834,000 after purchasing an additional 79,498 shares in the last quarter. Vanderbilt University grew its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 0.7% in the fourth quarter. Vanderbilt University now owns 362,028 shares of the company’s stock valued at $45,710,000 after purchasing an additional 2,600 shares in the last quarter. Cadence Wealth Management LLC grew its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 66.5% in the fourth quarter. Cadence Wealth Management LLC now owns 235,924 shares of the company’s stock valued at $29,788,000 after purchasing an additional 94,195 shares in the last quarter. Quadrature Capital Ltd grew its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 139.7% in the third quarter. Quadrature Capital Ltd now owns 222,891 shares of the company’s stock valued at $29,462,000 after purchasing an additional 129,890 shares in the last quarter. Finally, Jump Financial LLC purchased a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the third quarter valued at about $11,167,000.
Trending Headlines about SPDR S&P Oil & Gas Exploration & Production ETF
Here are the key news stories impacting SPDR S&P Oil & Gas Exploration & Production ETF this week:
- Positive Sentiment: Crude rallied sharply after renewed Israel-Iran attacks reignited fears of a supply shock, boosting upstream energy names and ETFs like XOP. Oil Rises on Israel-Iran Escalation, U.S. Tech Futures Climb
- Positive Sentiment: Oil markets briefly pushed toward $100 as escalating Middle East conflict and tight inventories raised the odds of higher realized prices for producers. Oil News: Crude Futures Eye $100 as Iran-Israel Conflict Escalates
- Positive Sentiment: Wider concerns about Red Sea shipping disruptions and possible energy-flow bottlenecks support a bullish backdrop for oil-focused equities. Explainer: Why are the Houthis threatening to attack Red Sea shipping and what does it mean for oil markets?
- Neutral Sentiment: Saudi Arabia cut July crude prices to Asia, signaling softer demand and partially offsetting the bullish impact from supply risks. Saudi Arabia Cuts July Crude Prices for Asia As Demand Slows
- Neutral Sentiment: Oil pulled back from its highs after Iran said it was ending attacks on Israel, easing some immediate escalation fears and tempering the rally. Oil Trims Gains After Iran Says It Ended Attacks on Israel
- Negative Sentiment: OPEC+ agreed to a modest July output increase, which could add supply and cap further upside in crude if geopolitical tensions ease. OPEC+ to make small oil output quota hike for July
SPDR S&P Oil & Gas Exploration & Production ETF Price Performance
About SPDR S&P Oil & Gas Exploration & Production ETF
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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