Wellington Shields Capital Management LLC Reduces Stock Position in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

Wellington Shields Capital Management LLC lowered its stake in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 41.4% in the 4th quarter, Holdings Channel reports. The firm owned 9,190 shares of the company’s stock after selling 6,500 shares during the quarter. Wellington Shields Capital Management LLC’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $1,216,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Anchor Investment Management LLC bought a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the third quarter worth approximately $33,000. Providence First Trust Co purchased a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the 4th quarter valued at approximately $48,000. FSA Wealth Management LLC purchased a new position in SPDR S&P Oil & Gas Exploration & Production ETF during the third quarter valued at $92,000. AdvisorNet Financial Inc boosted its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 42.1% during the fourth quarter. AdvisorNet Financial Inc now owns 1,855 shares of the company’s stock worth $246,000 after acquiring an additional 550 shares in the last quarter. Finally, Transcend Capital Advisors LLC grew its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 19.6% in the 4th quarter. Transcend Capital Advisors LLC now owns 6,122 shares of the company’s stock worth $810,000 after buying an additional 1,005 shares during the last quarter.

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

Shares of NYSEARCA XOP opened at $122.65 on Friday. The company has a market cap of $1.96 billion, a PE ratio of 9.54 and a beta of 1.69. The firm’s 50 day moving average price is $135.15 and its 200-day moving average price is $135.46. SPDR S&P Oil & Gas Exploration & Production ETF has a 52-week low of $118.36 and a 52-week high of $162.49.

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.