SPDR S&P Oil & Gas Explore & Prod. (NYSE:XOP) was the recipient of some unusual options trading on Monday. Investors bought 3,746 call options on the company. This is an increase of 127% compared to the average volume of 1,650 call options.
Shares of SPDR S&P Oil & Gas Explore & Prod. (NYSE XOP) opened at 31.27 on Friday. SPDR S&P Oil & Gas Explore & Prod. has a 52 week low of $29.90 and a 52 week high of $44.97. The stock’s 50 day moving average price is $31.73 and its 200-day moving average price is $35.52.
A number of hedge funds have recently bought and sold shares of XOP. Ferguson Wellman Capital Management Inc. bought a new stake in SPDR S&P Oil & Gas Explore & Prod. during the second quarter worth $500,000. Lockheed Martin Investment Management Co. raised its stake in SPDR S&P Oil & Gas Explore & Prod. by 20.5% in the second quarter. Lockheed Martin Investment Management Co. now owns 294,000 shares of the exchange traded fund’s stock worth $9,384,000 after buying an additional 50,000 shares in the last quarter. Ingalls & Snyder LLC bought a new stake in SPDR S&P Oil & Gas Explore & Prod. during the second quarter worth $417,000. Stratos Wealth Partners LTD. raised its stake in SPDR S&P Oil & Gas Explore & Prod. by 34.5% in the second quarter. Stratos Wealth Partners LTD. now owns 8,266 shares of the exchange traded fund’s stock worth $264,000 after buying an additional 2,120 shares in the last quarter. Finally, Connable Office Inc. raised its stake in SPDR S&P Oil & Gas Explore & Prod. by 19.8% in the second quarter. Connable Office Inc. now owns 451,379 shares of the exchange traded fund’s stock worth $14,408,000 after buying an additional 74,550 shares in the last quarter.
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About SPDR S&P Oil & Gas Explore & Prod.
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.
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