Traders Buy Large Volume of Call Options on SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) was the target of unusually large options trading on Monday. Investors purchased 48,218 call options on the stock. This represents an increase of 161% compared to the average daily volume of 18,463 call options.

Institutional Investors Weigh In On SPDR S&P Oil & Gas Exploration & Production ETF

A number of large investors have recently added to or reduced their stakes in XOP. Transcendent Capital Group LLC boosted its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 7,356.1% during the first quarter. Transcendent Capital Group LLC now owns 11,557 shares of the company’s stock valued at $1,791,000 after acquiring an additional 11,402 shares during the period. Toronto Dominion Bank lifted its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 41.8% during the 1st quarter. Toronto Dominion Bank now owns 308,072 shares of the company’s stock worth $47,730,000 after purchasing an additional 90,832 shares during the last quarter. OLD Mission Capital LLC bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF during the 1st quarter valued at approximately $7,205,000. SG Americas Securities LLC acquired a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the 1st quarter valued at approximately $2,267,000. Finally, Quantbot Technologies LP increased its position in SPDR S&P Oil & Gas Exploration & Production ETF by 7.8% in the 1st quarter. Quantbot Technologies LP now owns 7,474 shares of the company’s stock worth $1,158,000 after buying an additional 539 shares during the period.

SPDR S&P Oil & Gas Exploration & Production ETF Stock Up 0.3 %

XOP stock opened at $145.87 on Tuesday. SPDR S&P Oil & Gas Exploration & Production ETF has a 12 month low of $123.24 and a 12 month high of $162.49. The firm has a 50 day moving average of $149.07 and a two-hundred day moving average of $144.36. The company has a market capitalization of $3.72 billion, a price-to-earnings ratio of 4.95 and a beta of 0.68.

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

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.