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

SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) was the target of some unusual options trading on Thursday. Stock investors bought 28,875 call options on the company. This is an increase of 30% compared to the typical volume of 22,164 call options.

SPDR S&P Oil & Gas Exploration & Production ETF Stock Down 0.3 %

XOP traded down $0.43 during trading on Friday, hitting $145.45. 2,221,242 shares of the company’s stock were exchanged, compared to its average volume of 2,627,186. SPDR S&P Oil & Gas Exploration & Production ETF has a fifty-two week low of $124.12 and a fifty-two week high of $162.49. The stock has a market cap of $3.71 billion, a P/E ratio of 4.95 and a beta of 0.68. The business’s 50 day moving average is $138.09 and its two-hundred day moving average is $137.65.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of XOP. SPX Gestao de Recursos Ltda bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the 2nd quarter worth about $24,973,000. JPMorgan Chase & Co. grew its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 17.2% in the third quarter. JPMorgan Chase & Co. now owns 719,268 shares of the company’s stock valued at $94,598,000 after acquiring an additional 105,387 shares in the last quarter. Toronto Dominion Bank increased its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 24.0% during the third quarter. Toronto Dominion Bank now owns 366,925 shares of the company’s stock valued at $48,258,000 after acquiring an additional 71,116 shares during the last quarter. 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 during the period. Finally, Flow Traders U.S. LLC purchased a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the third quarter worth $3,456,000.

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.