Connable Office Inc. Acquires 1,543 Shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

Connable Office Inc. grew its holdings in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 1.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 118,154 shares of the company’s stock after purchasing an additional 1,543 shares during the period. SPDR S&P Oil & Gas Exploration & Production ETF comprises about 1.6% of Connable Office Inc.’s investment portfolio, making the stock its 13th biggest holding. Connable Office Inc. owned 0.46% of SPDR S&P Oil & Gas Exploration & Production ETF worth $15,540,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of XOP. Janney Montgomery Scott LLC boosted its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 22.1% during the 3rd quarter. Janney Montgomery Scott LLC now owns 15,723 shares of the company’s stock valued at $2,068,000 after acquiring an additional 2,844 shares during the last quarter. Creative Financial Designs Inc. ADV increased its position in SPDR S&P Oil & Gas Exploration & Production ETF by 500.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 300 shares of the company’s stock worth $39,000 after buying an additional 250 shares in the last quarter. ORG Partners LLC raised its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 3.9% during the 3rd quarter. ORG Partners LLC now owns 7,680 shares of the company’s stock worth $1,011,000 after acquiring an additional 285 shares during the period. SG Americas Securities LLC lifted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 233.4% during the 3rd quarter. SG Americas Securities LLC now owns 41,281 shares of the company’s stock valued at $5,429,000 after buying an additional 28,901 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL bought a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the second quarter worth about $29,000.

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

Shares of XOP opened at $142.25 on Friday. The firm has a market cap of $3.63 billion, a P/E ratio of 4.95 and a beta of 0.68. The company has a 50 day simple moving average of $134.22 and a two-hundred day simple moving average of $141.04. SPDR S&P Oil & Gas Exploration & Production ETF has a 1 year low of $124.12 and a 1 year 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.