SPDR S&P Oil & Gas Exploration & Production ETF Sees Unusually Large Options Volume (NYSEARCA:XOP)

SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) was the target of unusually large options trading activity on Thursday. Investors bought 28,875 call options on the company. This represents an increase of 30% compared to the average daily volume of 22,164 call options.

SPDR S&P Oil & Gas Exploration & Production ETF Stock Up 0.1 %

Shares of NYSEARCA XOP traded up $0.20 during trading hours on Thursday, hitting $145.81. 1,487,095 shares of the stock were exchanged, compared to its average volume of 2,498,426. The company has a market cap of $3.72 billion, a PE ratio of 4.95 and a beta of 0.68. SPDR S&P Oil & Gas Exploration & Production ETF has a 12 month low of $124.12 and a 12 month high of $162.49. The firm has a fifty day moving average price of $137.85 and a 200-day moving average price of $137.59.

Institutional Trading of SPDR S&P Oil & Gas Exploration & Production ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Strategic Investment Solutions Inc. IL acquired a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the 2nd quarter worth approximately $29,000. Anchor Investment Management LLC acquired a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the third quarter worth $33,000. Creative Financial Designs Inc. ADV increased its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 500.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 300 shares of the company’s stock valued at $39,000 after acquiring an additional 250 shares during the period. FSA Wealth Management LLC purchased a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the 3rd quarter worth $92,000. Finally, Sunbelt Securities Inc. lifted its position in SPDR S&P Oil & Gas Exploration & Production ETF by 13.1% during the 2nd quarter. Sunbelt Securities Inc. now owns 1,323 shares of the company’s stock worth $192,000 after acquiring an additional 153 shares during the period.

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.