NewEdge Advisors LLC Increases Position in SPDR S&P Oil & Gas Exploration & Production ETF $XOP

NewEdge Advisors LLC lifted its position in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOPFree 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

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

Shares of NYSEARCA XOP opened at $180.49 on Monday. The business’s 50 day moving average price is $164.87 and its 200 day moving average price is $164.29. The firm has a market cap of $3.81 billion, a P/E ratio of 11.28 and a beta of 0.53. SPDR S&P Oil & Gas Exploration & Production ETF has a 52 week low of $122.11 and a 52 week high of $190.36.

SPDR S&P Oil & Gas Exploration & Production ETF Profile

(Free Report)

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.

See Also

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

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