SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) Shares Sold by InterOcean Capital Group LLC

InterOcean Capital Group LLC trimmed its holdings in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 2.3% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,722 shares of the company’s stock after selling 86 shares during the period. InterOcean Capital Group LLC’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $577,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of XOP. AdvisorNet Financial Inc boosted its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 18.4% during the fourth quarter. AdvisorNet Financial Inc now owns 1,285 shares of the company’s stock worth $176,000 after buying an additional 200 shares during the period. Meritage Portfolio Management purchased a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the fourth quarter worth approximately $7,439,000. Van ECK Associates Corp grew its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 27.4% during the fourth quarter. Van ECK Associates Corp now owns 40,354 shares of the company’s stock worth $5,525,000 after acquiring an additional 8,669 shares during the last quarter. Cary Street Partners Asset Management LLC purchased a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the 4th quarter valued at $369,000. Finally, Cary Street Partners Investment Advisory LLC grew its position in SPDR S&P Oil & Gas Exploration & Production ETF by 423.7% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 2,823 shares of the company’s stock valued at $386,000 after buying an additional 2,284 shares during the last quarter.

SPDR S&P Oil & Gas Exploration & Production ETF Stock Up 1.3 %

NYSEARCA:XOP traded up $1.81 during midday trading on Thursday, reaching $144.39. The stock had a trading volume of 2,918,861 shares, compared to its average volume of 3,194,692. The firm has a fifty day simple moving average of $146.73 and a two-hundred day simple moving average of $145.23. SPDR S&P Oil & Gas Exploration & Production ETF has a 12-month low of $126.59 and a 12-month high of $162.49. The stock has a market cap of $3.68 billion, a P/E ratio of 4.95 and a beta of 0.68.

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.