RFG Advisory LLC Buys Shares of 37,269 SPDR S&P Oil & Gas Exploration & Production ETF $XOP

RFG Advisory LLC purchased a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) in the second quarter, HoldingsChannel reports. The institutional investor purchased 37,269 shares of the company’s stock, valued at approximately $5,749,000.

Several other hedge funds also recently modified their holdings of the business. Jones Financial Companies Lllp grew its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 6.6% in the first quarter. Jones Financial Companies Lllp now owns 7,389 shares of the company’s stock worth $973,000 after acquiring an additional 457 shares during the last quarter. Cresset Asset Management LLC raised its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 21.0% during the 2nd quarter. Cresset Asset Management LLC now owns 2,037 shares of the company’s stock valued at $256,000 after purchasing an additional 354 shares during the last quarter. Cerity Partners LLC raised its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 24.2% during the 2nd quarter. Cerity Partners LLC now owns 11,355 shares of the company’s stock valued at $1,428,000 after purchasing an additional 2,210 shares during the last quarter. Qube Research & Technologies Ltd raised its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 1,641.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 7,367 shares of the company’s stock valued at $927,000 after purchasing an additional 6,944 shares during the last quarter. Finally, Caption Management LLC bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the 2nd quarter valued at $1,642,000.

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

NYSEARCA XOP opened at $195.01 on Thursday. The firm has a market capitalization of $4.11 billion, a price-to-earnings ratio of 11.28 and a beta of 0.54. The company’s fifty day moving average is $175.90 and its two-hundred day moving average is $169.98. SPDR S&P Oil & Gas Exploration & Production ETF has a 52-week low of $122.11 and a 52-week high of $196.38.

Key Stories Impacting SPDR S&P Oil & Gas Exploration & Production ETF

Here are the key news stories impacting SPDR S&P Oil & Gas Exploration & Production ETF this week:

• Positive Sentiment: Crude’s move above $100 is the primary bullish catalyst for XOP, with Middle East supply risks raising expectations for stronger realized prices across the U.S. oil-and-gas producer group. Brent crude rises above $100 a barrel as Middle East conflict escalates
• Positive Sentiment: Market commentary says XOP is forming an inverse head-and-shoulders pattern as oil tops $100, suggesting improving technical momentum and the possibility of further gains if the breakout holds. XOP builds an inverse head-and-shoulders pattern as oil tops $100 per barrel
• Positive Sentiment: Goldman Sachs’ view that prolonged supply disruptions could push oil toward $120 highlights the upside potential for energy ETFs, including XOP, if geopolitical risk persists. Goldman sees oil hitting $120
• Neutral Sentiment: The EIA expects U.S. natural-gas production and demand to reach records in 2026 and 2027. Strong demand is supportive, but abundant supply and weaker natural-gas prices may create a mixed backdrop for XOP’s gas-exposed constituents. U.S. natural gas output and demand to hit record highs
• Negative Sentiment: Oil-driven inflation is pressuring stocks and Treasury markets, increasing expectations for Federal Reserve tightening. Higher interest rates could weigh on equity valuations and raise financing costs for smaller energy producers. S&P 500 selling deepens as oil keeps Fed risk high

SPDR S&P Oil & Gas Exploration & Production ETF Company Profile

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. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.