SPDR S&P Oil & Gas Exploration & Production ETF Target of Unusually Large Options Trading (NYSEARCA:XOP)

SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) saw some unusual options trading on Tuesday. Stock traders bought 34,314 put options on the company. This represents an increase of approximately 48% compared to the typical volume of 23,207 put options.

SPDR S&P Oil & Gas Exploration & Production ETF Trading Down 0.9 %

Shares of SPDR S&P Oil & Gas Exploration & Production ETF stock opened at $142.46 on Thursday. The firm has a market capitalization of $3.63 billion, a P/E ratio of 4.95 and a beta of 0.68. The business has a fifty day simple moving average of $138.24 and a two-hundred day simple moving average of $137.53. 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 Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Strategic Investment Solutions Inc. IL purchased a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the 2nd quarter worth about $29,000. Anchor Investment Management LLC purchased a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the third quarter valued at approximately $33,000. Creative Financial Designs Inc. ADV increased its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 500.0% during the third 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 in the last quarter. FSA Wealth Management LLC purchased a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the 3rd quarter worth approximately $92,000. Finally, Sunbelt Securities Inc. lifted its position in SPDR S&P Oil & Gas Exploration & Production ETF by 13.1% in the 2nd quarter. Sunbelt Securities Inc. now owns 1,323 shares of the company’s stock valued at $192,000 after acquiring an additional 153 shares in the last quarter.

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.