Bessemer Group Inc. Decreases Stock Holdings in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

Bessemer Group Inc. lowered its holdings in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 23.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 499,702 shares of the company’s stock after selling 153,402 shares during the period. Bessemer Group Inc. owned about 1.96% of SPDR S&P Oil & Gas Exploration & Production ETF worth $66,144,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Anchor Investment Management LLC purchased a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the third quarter valued at about $33,000. Providence First Trust Co purchased a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the fourth quarter valued at approximately $48,000. Brown Brothers Harriman & Co. purchased a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the fourth quarter valued at approximately $141,000. Summit Financial LLC bought a new position in SPDR S&P Oil & Gas Exploration & Production ETF during the fourth quarter valued at $205,000. Finally, AdvisorNet Financial Inc increased its position in SPDR S&P Oil & Gas Exploration & Production ETF by 42.1% in the fourth quarter. AdvisorNet Financial Inc now owns 1,855 shares of the company’s stock worth $246,000 after buying an additional 550 shares during the last quarter.

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

Shares of SPDR S&P Oil & Gas Exploration & Production ETF stock opened at $113.74 on Thursday. The stock has a market capitalization of $2.00 billion, a P/E ratio of 12.11 and a beta of 1.34. SPDR S&P Oil & Gas Exploration & Production ETF has a 52-week low of $99.01 and a 52-week high of $162.49. The stock’s 50-day simple moving average is $128.40 and its 200 day simple moving average is $134.13.

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.