Oakworth Capital Inc. Trims Position in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

Oakworth Capital Inc. lessened its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 2.4% in the fourth quarter, Holdings Channel reports. The fund owned 190,017 shares of the company’s stock after selling 4,590 shares during the quarter. SPDR S&P Oil & Gas Exploration & Production ETF comprises 2.1% of Oakworth Capital Inc.’s investment portfolio, making the stock its 15th biggest holding. Oakworth Capital Inc.’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $26,015,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of XOP. JPMorgan Chase & Co. increased its position in SPDR S&P Oil & Gas Exploration & Production ETF by 105.1% during the third quarter. JPMorgan Chase & Co. now owns 387,238 shares of the company’s stock valued at $57,276,000 after acquiring an additional 198,439 shares during the last quarter. Valley Wealth Managers Inc. purchased a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the third quarter worth about $5,836,000. Ameriprise Financial Inc. increased its position in SPDR S&P Oil & Gas Exploration & Production ETF by 278.0% in the third quarter. Ameriprise Financial Inc. now owns 49,610 shares of the company’s stock worth $7,337,000 after buying an additional 36,484 shares in the last quarter. Black Swift Group LLC purchased a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the third quarter worth about $3,150,000. Finally, SG Americas Securities LLC increased its position in SPDR S&P Oil & Gas Exploration & Production ETF by 66.1% in the third quarter. SG Americas Securities LLC now owns 47,144 shares of the company’s stock worth $6,973,000 after buying an additional 18,754 shares in the last quarter.

SPDR S&P Oil & Gas Exploration & Production ETF Stock Down 0.8 %

XOP traded down $1.19 during midday trading on Wednesday, reaching $152.95. The company had a trading volume of 2,489,620 shares, compared to its average volume of 3,449,478. The business has a 50-day moving average of $146.02 and a two-hundred day moving average of $141.17. The company has a market cap of $4.16 billion, a P/E ratio of 5.20 and a beta of 0.72. SPDR S&P Oil & Gas Exploration & Production ETF has a 1 year low of $115.89 and a 1 year high of $162.49.

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.