SPDR S&P Oil & Gas Exploration & Production ETF Target of Unusually High Options Trading (NYSEARCA:XOP)

SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) was the target of unusually large options trading activity on Tuesday. Traders purchased 22,888 put options on the company. This is an increase of 19% compared to the average daily volume of 19,299 put options.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Game Plan Financial Advisors LLC acquired a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the 2nd quarter valued at approximately $25,000. Strategic Investment Solutions Inc. IL acquired a new position in SPDR S&P Oil & Gas Exploration & Production ETF during the 2nd quarter worth approximately $29,000. BNP Paribas acquired a new position in SPDR S&P Oil & Gas Exploration & Production ETF during the 1st quarter worth approximately $35,000. Rothschild Investment LLC bought a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the 2nd quarter worth approximately $37,000. Finally, VitalStone Financial LLC raised its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 33.1% during the 4th quarter. VitalStone Financial LLC now owns 322 shares of the company’s stock worth $44,000 after purchasing an additional 80 shares in the last quarter.

SPDR S&P Oil & Gas Exploration & Production ETF Stock Down 2.0 %

XOP traded down $2.63 during trading on Tuesday, reaching $125.69. 1,781,495 shares of the company’s stock were exchanged, compared to its average volume of 3,132,115. SPDR S&P Oil & Gas Exploration & Production ETF has a fifty-two week low of $125.63 and a fifty-two week high of $162.49. The business has a 50 day moving average price of $140.37 and a 200 day moving average price of $146.33. The company has a market capitalization of $3.21 billion, a P/E ratio of 4.95 and a beta of 0.68.

SPDR S&P Oil & Gas Exploration & Production ETF Company 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.