Valley Wealth Managers Inc. Sells 853 Shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

Valley Wealth Managers Inc. reduced its stake in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 2.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,620 shares of the company’s stock after selling 853 shares during the period. Valley Wealth Managers Inc. owned 0.13% of SPDR S&P Oil & Gas Exploration & Production ETF worth $4,422,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in XOP. SPX Gestao de Recursos Ltda bought a new position in SPDR S&P Oil & Gas Exploration & Production ETF during the second quarter worth about $24,973,000. Toronto Dominion Bank lifted its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 41.8% during the first quarter. Toronto Dominion Bank now owns 308,072 shares of the company’s stock worth $47,730,000 after acquiring an additional 90,832 shares in the last quarter. OLD Mission Capital LLC bought a new position in SPDR S&P Oil & Gas Exploration & Production ETF during the first quarter worth about $7,205,000. Westwind Capital lifted its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 519.7% during the second quarter. Westwind Capital now owns 42,552 shares of the company’s stock worth $6,190,000 after acquiring an additional 35,685 shares in the last quarter. Finally, SG Americas Securities LLC lifted its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 233.4% during the third quarter. SG Americas Securities LLC now owns 41,281 shares of the company’s stock worth $5,429,000 after acquiring an additional 28,901 shares in the last quarter.

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

XOP stock traded up $1.24 during midday trading on Friday, hitting $143.44. 143,787 shares of the company’s stock were exchanged, compared to its average volume of 3,113,237. The stock’s fifty day moving average price is $134.22 and its 200-day moving average price is $141.04. The company has a market cap of $3.66 billion, a PE ratio of 4.95 and a beta of 0.68. SPDR S&P Oil & Gas Exploration & Production ETF has a one year low of $124.12 and a one 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.