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

SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) was the recipient of some unusual options trading activity on Thursday. Stock traders acquired 28,875 call options on the company. This represents an increase of 30% compared to the typical daily volume of 22,164 call options.

SPDR S&P Oil & Gas Exploration & Production ETF Stock Down 0.3 %

SPDR S&P Oil & Gas Exploration & Production ETF stock traded down $0.43 during trading on Friday, hitting $145.45. The stock had a trading volume of 2,221,242 shares, compared to its average volume of 2,627,186. The stock’s 50 day moving average is $138.09 and its two-hundred day moving average is $137.65. SPDR S&P Oil & Gas Exploration & Production ETF has a 1 year low of $124.12 and a 1 year high of $162.49. The stock has a market cap of $3.71 billion, a price-to-earnings ratio of 4.95 and a beta of 0.68.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in XOP. JPMorgan Chase & Co. lifted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 17.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 719,268 shares of the company’s stock valued at $94,598,000 after buying an additional 105,387 shares in the last quarter. Strategic Investment Solutions Inc. IL purchased a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the second quarter worth $29,000. Creative Financial Designs Inc. ADV boosted its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 500.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 300 shares of the company’s stock worth $39,000 after acquiring an additional 250 shares during the period. Sunbelt Securities Inc. boosted its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 13.1% in the second 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. Finally, SPX Gestao de Recursos Ltda purchased a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the second quarter valued at $24,973,000.

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.