DV Trading LLC grew its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP – Free Report) by 548.3% during the first quarter, Holdings Channel reports. The institutional investor owned 4,830 shares of the company’s stock after purchasing an additional 4,085 shares during the quarter. DV Trading LLC’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $878,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently made changes to their positions in the company. Krilogy Financial LLC lifted its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 13.9% during the fourth quarter. Krilogy Financial LLC now owns 49,664 shares of the company’s stock valued at $6,694,000 after purchasing an additional 6,047 shares during the last quarter. Abbington Investment Group boosted its position in SPDR S&P Oil & Gas Exploration & Production ETF by 78.8% during the fourth quarter. Abbington Investment Group now owns 48,649 shares of the company’s stock worth $6,143,000 after purchasing an additional 21,435 shares during the period. MH & Associates Securities Management Corp ADV bought a new position in SPDR S&P Oil & Gas Exploration & Production ETF during the fourth quarter worth about $669,000. Caxton Associates LLP purchased a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the first quarter worth about $827,000. Finally, Ping Capital Management Inc. increased its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 21.2% in the fourth quarter. Ping Capital Management Inc. now owns 40,000 shares of the company’s stock worth $5,050,000 after purchasing an additional 7,000 shares in the last quarter.
SPDR S&P Oil & Gas Exploration & Production ETF News Summary
Here are the key news stories impacting SPDR S&P Oil & Gas Exploration & Production ETF this week:
- Positive Sentiment: Oil prices rebounded from session lows after Iran said it had stopped two vessels attempting to leave the Strait of Hormuz. The move reinforced concerns that attacks and transit restrictions could reduce global energy supplies, supporting the bullish case for XOP’s holdings. Oil price rises after Iran says it stops ships in Hormuz
- Positive Sentiment: Ongoing attacks and supply-disruption risks in the Middle East and Black Sea have kept a significant geopolitical premium in crude markets. Brent has been approaching the $100 level, while WTI has found technical support, conditions that can improve profitability for U.S. producers. Oil Price Forecast: WTI Rebounds as Brent Eyes $100 Amid Supply Risks
- Positive Sentiment: ExxonMobil reported sharply higher earnings and Chevron posted a record quarterly result as energy prices surged, providing a favorable read-through for the broader oil and gas sector, including XOP constituents. Big Oil Is Reaping Rewards From the Chaos in Energy Markets
- Neutral Sentiment: U.S. crude production fell about 2% in May from April’s record, but domestic oil demand also declined. Lower output may tighten supply, while weaker demand limits the overall benefit to producers. US oil output and demand fell in May, EIA says
- Negative Sentiment: Improving tanker traffic through the Strait of Hormuz—estimated at roughly 30% to 35% of pre-war levels—has eased some supply fears. Profit-taking and greater flows have periodically pushed crude lower, limiting near-term upside for XOP. Oil prices ease as recovering Hormuz Strait traffic tempers war premium
- Negative Sentiment: Portugal approved a 33% windfall tax on extraordinary 2026 profits for oil and refining companies. The measure is geographically limited but highlights the risk that governments may seek to capture energy-sector gains during the crisis. Portugal approves 33% windfall tax on oil companies’ excess profits
SPDR S&P Oil & Gas Exploration & Production ETF Stock Up 1.4%
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. 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
- Five stocks we like better than SPDR S&P Oil & Gas Exploration & Production ETF
- Popular’s Earnings Beat Shows Why This Bank Stock Keeps Climbing
- ABB’s Rotork Deal Could Put These Flow Control Stocks Back in Focus
- GE HealthCare Stock Climbs on Vital Diagnostics Demand
- Lost in Space: Why Aerospace Valuations Are Plummeting Right Now
Want to see what other hedge funds are holding XOP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP – Free Report).
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.
