Canoe Financial LP Makes New $593,000 Investment in SPDR S&P Oil & Gas Exploration & Production ETF $XOP

Canoe Financial LP purchased a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 4,488 shares of the company’s stock, valued at approximately $593,000.

A number of other institutional investors and hedge funds have also modified their holdings of XOP. Berger Financial Group Inc acquired a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the 3rd quarter valued at $552,000. HBK Sorce Advisory LLC boosted its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 6.3% during the third quarter. HBK Sorce Advisory LLC now owns 12,596 shares of the company’s stock valued at $1,687,000 after acquiring an additional 741 shares during the period. U.S. Capital Wealth Advisors LLC grew its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 1.7% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 5,699 shares of the company’s stock valued at $753,000 after purchasing an additional 97 shares during the last quarter. Corient Private Wealth LLC increased its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 198.3% in the second quarter. Corient Private Wealth LLC now owns 18,571 shares of the company’s stock worth $2,336,000 after purchasing an additional 12,346 shares during the period. Finally, Valeo Financial Advisors LLC bought a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the second quarter worth about $1,540,000.

Trending Headlines about 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: Geopolitical supply risks out of Venezuela and U.S. actions that could tighten exports are supporting oil prices, a tailwind for XOP holdings. Oil rises as market weighs Venezuela supply risks
• Positive Sentiment: Broader geopolitical tensions are pushing oil slightly higher in Asian sessions, which can boost near‑term earnings prospects for exploration & production names in XOP. Oil Edges Higher Amid Geopolitical Tensions
• Positive Sentiment: Holiday-thinned liquidity and geopolitical premium have helped push WTI off recent lows, providing a short-term boost to energy equities. Oil and Natural Gas Technical Analysis: Holiday Liquidity and Geopolitical Risks Lift Energy Prices
• Neutral Sentiment: WTI is testing the 50‑day moving average — a make-or-break technical level; a clean breakout would help XOP, but failure keeps the status quo uncertain. Oil News: WTI Futures Eye Breakout as 50-Day Average Shapes Oil Outlook
• Neutral Sentiment: Multiple technical reports note low holiday volume and mixed momentum — that can amplify moves in either direction but makes conviction lower for longer-term positioning in XOP. Natural Gas and Oil Forecast: Christmas Shutdown Masks Growing Energy Market Risks
• Negative Sentiment: Technical resistance near $59/barrel (WTI context) and failure around key moving averages would reinforce the broader downtrend, capping upside for XOP. Crude Oil Price Forecast: Bulls Trigger Weekly Reversal, Resistance Looms Ahead
• Negative Sentiment: Analysts flag surplus forecasts and exhaustion signals — if inventories rise or the rally loses momentum, E&P names in XOP would likely underperform. Natural Gas and Oil Forecast: Rally Extends, but Descending Trendlines Cap Upside Potential

SPDR S&P Oil & Gas Exploration & Production ETF Stock Down 0.4%

Shares of NYSEARCA:XOP opened at $125.92 on Friday. The company has a market cap of $1.85 billion, a price-to-earnings ratio of 11.28 and a beta of 0.95. The business has a 50 day moving average price of $129.69 and a 200 day moving average price of $129.47. SPDR S&P Oil & Gas Exploration & Production ETF has a twelve month low of $99.01 and a twelve month high of $146.56.

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. 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.