NewEdge Advisors LLC lifted its position in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP – Free Report) by 124.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,064 shares of the company’s stock after acquiring an additional 3,922 shares during the period. NewEdge Advisors LLC’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $1,284,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Godfrey Financial Associates Inc. purchased a new stake in SPDR S&P Oil & Gas Exploration & Production ETF during the 4th quarter valued at about $30,000. IFP Advisors Inc raised its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 360.3% in the third quarter. IFP Advisors Inc now owns 290 shares of the company’s stock worth $38,000 after purchasing an additional 227 shares during the last quarter. Essential Partners LLC purchased a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the first quarter worth about $44,000. Advisory Services Network LLC purchased a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the third quarter worth about $46,000. Finally, Advisors Preferred LLC acquired a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the first quarter worth about $63,000.
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: Oil prices are headed for weekly gains after the United States threatened an indefinite naval blockade of Iran, increasing the risk of Middle Eastern supply disruptions and supporting crude prices. Oil set for weekly gains after US threatens indefinite blockade of Iran
- Positive Sentiment: A drone attack halted crude loadings at Russia’s Sheskharis terminal, adding another disruption to global oil exports and potentially tightening supply. Russia’s Black Sea’s Sheskharis terminal halts loadings after drone attack
- Positive Sentiment: Oil slicks and a major spill near Oman, alongside attacks on vessels in the Gulf region, are heightening concerns about shipping, environmental damage and potential interruptions to regional crude flows. Two slicks appear in Gulf as huge oil spill off Oman threatens disaster
- Neutral Sentiment: Crude is stalling near key moving-average resistance as traders remain cautious, suggesting that supply-risk headlines have not yet produced a decisive technical breakout. Crude Oil Price Forecast – WTI and Brent Stall at 50-Day EMAs Amid Geopolitical Caution
- Negative Sentiment: Forecasts for weaker global demand and a reported 17.4-million-barrel U.S. crude inventory build are weighing on prices, potentially pressuring XOP producers’ realized prices and margins. Natural Gas and Oil Forecast: 17.4M-Barrel Crude Build Weighs as Hormuz Risks Persist
- Negative Sentiment: Oil previously declined as analysts reduced 2026 demand projections, showing that concerns about economic weakness and consumption remain an important counterweight to geopolitical supply risks. Oil drops on lower demand forecasts despite deadlock in US-Iran talks
SPDR S&P Oil & Gas Exploration & Production ETF Price Performance
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. 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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