NBC Securities Inc. Lowers Stock Holdings in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

NBC Securities Inc. cut its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 51.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 350 shares of the company’s stock after selling 369 shares during the quarter. NBC Securities Inc.’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $54,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Cary Street Partners Investment Advisory LLC lifted its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 331.2% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 539 shares of the company’s stock worth $80,000 after acquiring an additional 414 shares during the period. VitalStone Financial LLC lifted its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 952.2% in the 3rd quarter. VitalStone Financial LLC now owns 242 shares of the company’s stock worth $33,000 after purchasing an additional 219 shares during the period. Spence Asset Management boosted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 11.3% during the fourth quarter. Spence Asset Management now owns 6,127 shares of the company’s stock valued at $839,000 after purchasing an additional 622 shares in the last quarter. Lowe Wealth Advisors LLC increased its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 16.2% during the fourth quarter. Lowe Wealth Advisors LLC now owns 825 shares of the company’s stock valued at $113,000 after buying an additional 115 shares during the period. Finally, Parkside Investments LLC bought a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the fourth quarter worth approximately $517,000.

SPDR S&P Oil & Gas Exploration & Production ETF Trading Up 2.9 %

Shares of NYSEARCA XOP opened at $146.78 on Tuesday. SPDR S&P Oil & Gas Exploration & Production ETF has a 12-month low of $121.99 and a 12-month high of $162.49. The stock’s fifty day simple moving average is $149.83 and its two-hundred day simple moving average is $143.91. The stock has a market capitalization of $3.74 billion, a PE ratio of 4.95 and a beta of 0.68.

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.