Allianz SE Acquires 12,800 Shares of SPDR S&P Oil & Gas Exploration & Production ETF $XOP

Allianz SE boosted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 33.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,025 shares of the company’s stock after purchasing an additional 12,800 shares during the quarter. Allianz SE owned about 0.36% of SPDR S&P Oil & Gas Exploration & Production ETF worth $6,419,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. MassMutual Private Wealth & Trust FSB purchased a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the 2nd quarter valued at about $38,000. Janney Montgomery Scott LLC raised its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 31.0% in the 2nd quarter. Janney Montgomery Scott LLC now owns 9,558 shares of the company’s stock valued at $1,202,000 after purchasing an additional 2,262 shares during the last quarter. Arrowroot Family Office LLC purchased a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the second quarter worth about $986,000. Truist Financial Corp boosted its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 10.8% during the 2nd quarter. Truist Financial Corp now owns 22,275 shares of the company’s stock worth $2,802,000 after purchasing an additional 2,180 shares during the last quarter. Finally, Bank of Montreal Can grew its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 12.5% in the 2nd 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 in the last quarter.

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

Shares of SPDR S&P Oil & Gas Exploration & Production ETF stock opened at $132.05 on Thursday. The stock has a 50 day moving average of $129.81 and a 200 day moving average of $127.10. SPDR S&P Oil & Gas Exploration & Production ETF has a fifty-two week low of $99.01 and a fifty-two week high of $149.82. The firm has a market capitalization of $1.94 billion, a price-to-earnings ratio of 11.28 and a beta of 0.95.

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.