Investors Purchase Large Volume of SPDR S&P Oil & Gas Exploration & Production ETF Call Options (NYSEARCA:XOP)

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

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

NYSEARCA:XOP traded up $0.20 during midday trading on Thursday, hitting $145.81. 1,487,095 shares of the company traded hands, compared to its average volume of 2,498,426. The firm has a market capitalization of $3.72 billion, a P/E ratio of 4.95 and a beta of 0.68. The firm’s fifty day moving average is $137.85 and its 200-day moving average is $137.59. SPDR S&P Oil & Gas Exploration & Production ETF has a 12-month low of $124.12 and a 12-month high of $162.49.

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

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