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

SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP – Get Free Report) was the recipient of unusually large options trading on Monday. Stock traders purchased 22,106 put options on the company. This represents an increase of approximately 48% compared to the typical volume of 14,933 put options.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Continuum Advisory LLC bought a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the second quarter valued at approximately $28,000. Compass Financial Management LLC bought a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the 2nd quarter worth approximately $34,000. Capital Analysts LLC bought a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the 2nd quarter worth approximately $41,000. Essential Partners LLC bought a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the 1st quarter worth approximately $44,000. Finally, Advisors Preferred LLC acquired a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the 1st quarter valued at approximately $63,000.

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

Shares of XOP traded down $0.37 during midday trading on Monday, hitting $200.01. The stock had a trading volume of 1,177,243 shares, compared to its average volume of 4,016,412. The firm has a market cap of $4.40 billion, a price-to-earnings ratio of 11.28 and a beta of 0.64. The company has a 50 day simple moving average of $188.09 and a two-hundred day simple moving average of $174.41. SPDR S&P Oil & Gas Exploration & Production ETF has a twelve month low of $122.83 and a twelve month high of $202.28.

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

(Get 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.

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