Pekin Hardy Strauss Inc. Acquires 719 Shares of SPDR S&P Oil & Gas Exploration & Production ETF $XOP

Pekin Hardy Strauss Inc. boosted its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 23.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,760 shares of the company’s stock after acquiring an additional 719 shares during the period. Pekin Hardy Strauss Inc.’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $473,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanderbilt University increased its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 0.6% during the second quarter. Vanderbilt University now owns 357,073 shares of the company’s stock valued at $44,920,000 after purchasing an additional 2,170 shares in the last quarter. Quantitative Investment Management LLC bought a new position in SPDR S&P Oil & Gas Exploration & Production ETF during the 1st quarter valued at approximately $13,353,000. Connable Office Inc. increased its position in SPDR S&P Oil & Gas Exploration & Production ETF by 1.9% during the 1st quarter. Connable Office Inc. now owns 76,622 shares of the company’s stock valued at $10,092,000 after buying an additional 1,444 shares in the last quarter. Bank of Montreal Can raised its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 12.5% during the second quarter. Bank of Montreal Can now owns 63,496 shares of the company’s stock valued at $7,988,000 after buying an additional 7,074 shares during the last quarter. Finally, W.G. Shaheen & Associates DBA Whitney & Co bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the second quarter worth $6,629,000.

SPDR S&P Oil & Gas Exploration & Production ETF Price Performance

Shares of NYSEARCA:XOP opened at $129.48 on Friday. The business has a fifty day moving average price of $129.82 and a 200-day moving average price of $126.58. The company has a market capitalization of $1.90 billion, a PE ratio of 11.28 and a beta of 0.95. SPDR S&P Oil & Gas Exploration & Production ETF has a 1-year low of $99.01 and a 1-year high of $149.82.

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.