Traders Purchase High Volume of SPDR S&P Oil & Gas Exploration & Production ETF Put Options (NYSEARCA:XOP)

SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOPGet Free Report) saw unusually large options trading on Tuesday. Stock traders acquired 52,414 put options on the stock. This is an increase of approximately 128% compared to the average daily volume of 22,955 put options.

SPDR S&P Oil & Gas Exploration & Production ETF Stock Up 1.0%

Shares of NYSEARCA:XOP traded up $1.88 during midday trading on Tuesday, reaching $180.94. The company’s stock had a trading volume of 1,542,911 shares, compared to its average volume of 5,216,486. The firm has a market cap of $3.56 billion, a price-to-earnings ratio of 11.28 and a beta of 0.78. SPDR S&P Oil & Gas Exploration & Production ETF has a 1 year low of $99.01 and a 1 year high of $190.36. The business has a 50 day moving average price of $159.31 and a 200 day moving average price of $140.27.

Institutional Trading of SPDR S&P Oil & Gas Exploration & Production ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Jones Financial Companies Lllp increased its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 6.6% in the first quarter. Jones Financial Companies Lllp now owns 7,389 shares of the company’s stock valued at $973,000 after buying an additional 457 shares during the last quarter. Quantbot Technologies LP bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the second quarter valued at about $665,000. CW Advisors LLC increased its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 4.7% in the second quarter. CW Advisors LLC now owns 9,202 shares of the company’s stock valued at $1,158,000 after buying an additional 411 shares during the last quarter. Cresset Asset Management LLC increased its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 21.0% in the second quarter. Cresset Asset Management LLC now owns 2,037 shares of the company’s stock valued at $256,000 after buying an additional 354 shares during the last quarter. Finally, Cerity Partners LLC increased its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 24.2% in the second quarter. Cerity Partners LLC now owns 11,355 shares of the company’s stock valued at $1,428,000 after buying an additional 2,210 shares during the last quarter.

Key SPDR S&P Oil & Gas Exploration & Production ETF News

Here are the key news stories impacting SPDR S&P Oil & Gas Exploration & Production ETF this week:

About SPDR S&P Oil & Gas Exploration & Production ETF

(Get Free Report)

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. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.

Read More

Receive News & Ratings for SPDR S&P Oil & Gas Exploration & Production ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Oil & Gas Exploration & Production ETF and related companies with MarketBeat.com's FREE daily email newsletter.