SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) Reaches New 1-Year High at $154.96

SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) reached a new 52-week high during trading on Thursday . The stock traded as high as $154.96 and last traded at $154.82, with a volume of 1577937 shares changing hands. The stock had previously closed at $152.71.

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

The firm has a market capitalization of $4.13 billion, a PE ratio of 4.31 and a beta of 1.91. The company’s fifty day simple moving average is $139.11 and its 200 day simple moving average is $140.36.

Institutional Investors Weigh In On SPDR S&P Oil & Gas Exploration & Production ETF

Several institutional investors have recently added to or reduced their stakes in XOP. Strategic Investment Solutions Inc. IL purchased a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the second quarter worth about $26,000. VitalStone Financial LLC lifted its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 952.2% in the third quarter. VitalStone Financial LLC now owns 242 shares of the company’s stock worth $33,000 after buying an additional 219 shares in the last quarter. Main Management LLC bought a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the fourth quarter worth approximately $43,000. Cary Street Partners Investment Advisory LLC increased its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 331.2% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 539 shares of the company’s stock worth $80,000 after purchasing an additional 414 shares during the last quarter. Finally, Lowe Wealth Advisors LLC increased its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 517.4% in the third quarter. Lowe Wealth Advisors LLC now owns 710 shares of the company’s stock worth $105,000 after purchasing an additional 595 shares during the last quarter.

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.