Kestra Advisory Services LLC Grows Stake in SPDR S&P Oil & Gas Exploration & Production ETF $XOP

Kestra Advisory Services LLC raised its holdings in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 222.5% during the first quarter, Holdings Channel.com reports. The institutional investor owned 35,978 shares of the company’s stock after buying an additional 24,821 shares during the quarter. Kestra Advisory Services LLC’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $6,542,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Wells Fargo & Company MN increased its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 241.9% during the fourth quarter. Wells Fargo & Company MN now owns 383,331 shares of the company’s stock valued at $48,399,000 after buying an additional 271,214 shares during the period. Marshall Wace LLP purchased a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the fourth quarter worth $28,088,000. Cadence Wealth Management LLC lifted 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 worth $29,788,000 after acquiring an additional 94,195 shares during the period. Jump Financial LLC bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the third quarter valued at $11,167,000. Finally, EP Wealth Advisors LLC bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the fourth quarter valued at $9,999,000.

SPDR S&P Oil & Gas Exploration & Production ETF Trading Up 0.4%

Shares of SPDR S&P Oil & Gas Exploration & Production ETF stock opened at $165.85 on Wednesday. The company’s fifty day simple moving average is $163.45 and its two-hundred day simple moving average is $157.24. The company has a market cap of $3.33 billion, a P/E ratio of 11.28 and a beta of 0.53. SPDR S&P Oil & Gas Exploration & Production ETF has a 12-month low of $121.46 and a 12-month high of $190.36.

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

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

• Positive Sentiment: Crude oil jumped to a one-month high as U.S. and Iranian attacks in the Strait of Hormuz raised concerns about global supply disruptions, a direct tailwind for oil producers and XOP. Oil climbs to one-month high as US, Iran step up attacks in Strait of Hormuz
• Positive Sentiment: Brent crude strengthened further as traders priced in higher risk to Middle Eastern supply and shipping routes, which can lift upstream energy earnings. Brent oil structure changes to reflect mounting supply risk as Iran tensions flare
• Positive Sentiment: Reports that U.S. drivers may soon see gasoline prices return to $4 a gallon signal that the oil rally is filtering into consumer prices, reflecting a stronger crude backdrop. US drivers may soon see pump prices climb back up to $4
• Positive Sentiment: Market commentary noted that higher oil prices usually translate into higher revenue for U.S. oil companies, which is favorable for exploration and production stocks inside XOP. Oil Climbs to a 1-Month High as the U.S. and Iran Trade Attacks in the Strait of Hormuz. Here’s What it Means for Energy Investors.
• Neutral Sentiment: OPEC lowered its global oil-demand growth forecast for 2026, which could temper some of the upside for crude if demand expectations weaken further. OPEC further lowers 2026 global oil demand growth forecast
• Neutral Sentiment: The ETF itself was also highlighted in market-data coverage, but that item did not add a new fundamental catalyst. State Street SPDR S&P Oil & Gas Exploration & Production ETF

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.