Janney Montgomery Scott LLC Has $804,000 Position in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

Janney Montgomery Scott LLC cut its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 61.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,071 shares of the company’s stock after selling 9,652 shares during the period. Janney Montgomery Scott LLC’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $804,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Anchor Investment Management LLC bought a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the 3rd quarter worth about $33,000. Creative Financial Designs Inc. ADV lifted its position in SPDR S&P Oil & Gas Exploration & Production ETF by 500.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 300 shares of the company’s stock worth $39,000 after purchasing an additional 250 shares during the period. FSA Wealth Management LLC acquired a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the third quarter worth about $92,000. AdvisorNet Financial Inc lifted its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 42.1% during the 4th quarter. AdvisorNet Financial Inc now owns 1,855 shares of the company’s stock worth $246,000 after buying an additional 550 shares during the period. Finally, ORG Partners LLC grew its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 3.9% in the 3rd quarter. ORG Partners LLC now owns 7,680 shares of the company’s stock worth $1,011,000 after purchasing an additional 285 shares during the last quarter.

SPDR S&P Oil & Gas Exploration & Production ETF Trading Down 2.2 %

NYSEARCA:XOP opened at $133.92 on Friday. The stock has a market capitalization of $3.41 billion, a P/E ratio of 4.95 and a beta of 0.68. The firm has a 50 day moving average of $136.85 and a 200-day moving average of $136.95. SPDR S&P Oil & Gas Exploration & Production ETF has a 1 year low of $124.12 and a 1 year high of $162.49.

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.