10,985 Shares in SPDR S&P Oil & Gas Exploration & Production ETF $XOP Purchased by Independent Financial Group LLC

Posted by Stanley Muller on Jul 20th, 2026

Independent Financial Group LLC purchased a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP – Free Report) in the 1st quarter, HoldingsChannel.com reports. The firm purchased 10,985 shares of the company’s stock, valued at approximately $1,997,000.

Several other institutional investors also recently added to or reduced their stakes in XOP. Abound Wealth Management bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the fourth quarter worth about $25,000. Godfrey Financial Associates Inc. bought a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the 4th quarter valued at approximately $30,000. IFP Advisors Inc grew its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 360.3% during the 3rd quarter. IFP Advisors Inc now owns 290 shares of the company’s stock valued at $38,000 after acquiring an additional 227 shares during the period. Advisors Preferred LLC purchased a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the 1st quarter worth approximately $63,000. Finally, Advisory Services Network LLC purchased a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the 3rd quarter worth approximately $46,000.

Trending Headlines about SPDR S&P Oil & Gas Exploration & Production ETF

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

Positive Sentiment: Oil prices have been supported by intensifying U.S.-Iran hostilities, including threats to the Strait of Hormuz and the Red Sea export route, raising concerns about tighter global crude supply. Oil rises on intensifying US-Iran hostilities and threat of Red Sea closure
Positive Sentiment: Reuters also reported a chartered oil tanker was attacked by drones near the Caspian Pipeline Consortium terminal off Russia’s Black Sea coast, adding another supply-risk headline that can lift crude and energy equities. Chartered oil tanker attacked by drones near Black Sea terminal, CPC says
Positive Sentiment: Oil has also been bolstered by a sharp inventory draw and technical momentum, with traders watching whether crude can break above nearby resistance levels. Natural Gas and Oil Forecast: Inventory Surprise Meets OPEC+ Hike What’s Next for Oil?
Neutral Sentiment: Market commentary highlighted both bullish and bearish scenarios for energy stocks, with oil’s direction hinging on whether geopolitical risk or a possible easing in tensions dominates next. The best energy stocks right now as two major conflicts keep oil prices elevated
Negative Sentiment: Some analysts warned that oil could become a broader market headwind if prices stay elevated, which could eventually pressure risk assets and energy demand expectations. Here’s where the smart money believes oil prices could wreak havoc on the stock market

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

NYSEARCA:XOP opened at $170.18 on Monday. The stock has a market capitalization of $3.39 billion, a PE ratio of 11.28 and a beta of 0.53. The firm’s 50 day moving average is $163.47 and its 200 day moving average is $158.11. SPDR S&P Oil & Gas Exploration & Production ETF has a 12 month low of $121.46 and a 12 month high of $190.36.

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

(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.