Truist Financial Corp Increases Position in SPDR S&P Oil & Gas Exploration & Production ETF $XOP

Truist Financial Corp increased its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 10.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,275 shares of the company’s stock after purchasing an additional 2,180 shares during the period. Truist Financial Corp’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $2,802,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in XOP. North Star Investment Management Corp. increased its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 45.4% in the first quarter. North Star Investment Management Corp. now owns 596 shares of the company’s stock valued at $79,000 after buying an additional 186 shares in the last quarter. Financial Gravity Asset Management Inc. acquired a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the first quarter valued at approximately $29,000. NBC Securities Inc. acquired a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the first quarter valued at approximately $30,000. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the second quarter valued at approximately $38,000. Finally, Jones Financial Companies Lllp boosted its position in SPDR S&P Oil & Gas Exploration & Production ETF by 6.6% during the first quarter. Jones Financial Companies Lllp now owns 7,389 shares of the company’s stock worth $973,000 after acquiring an additional 457 shares during the last quarter.

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

Shares of NYSEARCA XOP opened at $131.00 on Friday. The firm has a market cap of $1.81 billion, a P/E ratio of 11.28 and a beta of 1.91. The firm’s 50 day moving average price is $129.65 and its 200 day moving average price is $125.06. SPDR S&P Oil & Gas Exploration & Production ETF has a 1 year low of $99.01 and a 1 year high of $149.82.

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.