Octavia Wealth Advisors LLC Cuts Position in SPDR S&P Oil & Gas Exploration & Production ETF $XOP

Octavia Wealth Advisors LLC lowered its position in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 18.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,212 shares of the company’s stock after selling 493 shares during the quarter. Octavia Wealth Advisors LLC’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $278,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Lowe Wealth Advisors LLC increased its position in SPDR S&P Oil & Gas Exploration & Production ETF by 12.4% during the 1st quarter. Lowe Wealth Advisors LLC now owns 1,256 shares of the company’s stock worth $165,000 after purchasing an additional 139 shares in the last quarter. North Star Investment Management Corp. lifted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 45.4% in the 1st quarter. North Star Investment Management Corp. now owns 596 shares of the company’s stock valued at $79,000 after purchasing an additional 186 shares in the last quarter. Financial Gravity Asset Management Inc. purchased a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the 1st quarter valued at about $29,000. NBC Securities Inc. purchased a new stake in SPDR S&P Oil & Gas Exploration & Production ETF during the 1st quarter worth approximately $30,000. Finally, MassMutual Private Wealth & Trust FSB purchased a new stake in SPDR S&P Oil & Gas Exploration & Production ETF during the 2nd quarter worth approximately $38,000.

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

Shares of XOP opened at $136.09 on Friday. SPDR S&P Oil & Gas Exploration & Production ETF has a 12 month low of $99.01 and a 12 month high of $149.82. The stock has a fifty day moving average price of $128.72 and a 200 day moving average price of $124.73. The company has a market cap of $1.99 billion, a P/E ratio of 11.28 and a beta of 1.91.

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.