Private Advisor Group LLC Has $2.95 Million Position in SPDR S&P Oil & Gas Exploration & Production ETF $XOP

Private Advisor Group LLC raised its position in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 336.0% in the 1st quarter, Holdings Channel reports. The firm owned 16,212 shares of the company’s stock after buying an additional 12,494 shares during the period. Private Advisor Group LLC’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $2,948,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of XOP. Abound Wealth Management bought a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the 4th quarter valued at $25,000. Godfrey Financial Associates Inc. bought a new position in SPDR S&P Oil & Gas Exploration & Production ETF during the fourth quarter worth about $30,000. IFP Advisors Inc lifted its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 360.3% during the third quarter. IFP Advisors Inc now owns 290 shares of the company’s stock worth $38,000 after acquiring an additional 227 shares in the last quarter. Advisory Services Network LLC acquired a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the third quarter valued at about $46,000. Finally, EFG International AG acquired a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the fourth quarter valued at about $76,000.

Key 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:

• Positive Sentiment: Oil prices are being lifted by renewed U.S.-Iran conflict, including fresh strikes and threats to shipping through the Strait of Hormuz, raising the risk of supply disruptions and supporting upstream energy stocks. Oil rises after US launches fresh strikes against Iran
• Positive Sentiment: Fuel markets are flashing a supply crunch in gasoline and diesel, suggesting refined-product tightness could keep energy prices elevated even if crude itself is calmer. Fuel markets flash supply crunch despite calmer oil prices
• Positive Sentiment: Governments are expected to keep buying oil to rebuild strategic reserves through 2028, creating a longer-term source of crude demand that can benefit exploration and production companies. Strategic oil reserve buying set to support crude demand through 2028
• Positive Sentiment: Several market updates point to resilient crude trading and elevated refinery runs, with WTI and Brent holding key support levels, which is constructive for oil-focused ETFs like XOP. Natural Gas and Oil Forecast: WTI Defends $73.85 While Brent Holds $78.33 — NatGas Eyes Higher?
• Neutral Sentiment: Analysts say crude is showing signs of a potential bottom, but upside may be capped by nearby resistance, limiting the near-term breakout case. Crude Oil Price Forecast: Bullish Reversal Faces Key Resistance
• Neutral Sentiment: Iraq’s comments on OPEC quotas were mostly market housekeeping rather than a major immediate catalyst for XOP. Iraq will not leave OPEC but seeks fair output quota, PM says
• Negative Sentiment: U.S. crude inventories posted an unexpected build, which can pressure oil prices and weigh on energy equities if traders focus more on supply than on geopolitical risk. U.S. Crude Oil Stockpiles Post Unexpected Build

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

Shares of SPDR S&P Oil & Gas Exploration & Production ETF stock opened at $159.46 on Friday. The company has a market capitalization of $3.25 billion, a P/E ratio of 11.28 and a beta of 0.53. The business has a 50-day moving average of $164.39 and a two-hundred day moving average of $156.45. 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 Company 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.