Banque Cantonale Vaudoise cut its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP – Free Report) by 14.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,500 shares of the company’s stock after selling 4,818 shares during the period. Banque Cantonale Vaudoise owned 0.19% of SPDR S&P Oil & Gas Exploration & Production ETF worth $3,635,000 at the end of the most recent quarter.
Other institutional investors also recently made changes to their positions in the company. Financial Gravity Companies Inc. bought a new position in SPDR S&P Oil & Gas Exploration & Production ETF during the 2nd quarter worth $28,000. Allworth Financial LP boosted its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 759.5% in the 2nd quarter. Allworth Financial LP now owns 636 shares of the company’s stock valued at $80,000 after purchasing an additional 562 shares during the period. Salzhauer Michael acquired a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the 3rd quarter worth approximately $102,000. Headlands Technologies LLC grew its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 102.4% during the 2nd quarter. Headlands Technologies LLC now owns 1,277 shares of the company’s stock worth $161,000 after purchasing an additional 646 shares in the last quarter. Finally, Global Trust Asset Management LLC increased its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 21.4% during the third quarter. Global Trust Asset Management LLC now owns 1,250 shares of the company’s stock worth $165,000 after purchasing an additional 220 shares during the period.
Key Stories Impacting 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: Rising crude on renewed supply concerns — U.S. WTI jumped ~3.5% in early trade as Gulf flows remain constrained amid the U.S.-Israeli actions on Iran, supporting higher revenue prospects for E&P companies. US oil prices up nearly $3 as Middle East crisis constrains supply
- Positive Sentiment: Official outlook keeps upside risk — the EIA expects Brent to stay above $95/bbl for the next two months, implying a sustained price backdrop that benefits XOP holdings. Brent oil prices remain above $95/bbl over next 2 months, EIA says
- Positive Sentiment: Major producers cutting output — Bloomberg/Reuters reports Saudi Arabia and the UAE have trimmed daily output, tightening physical supply and underpinning higher E&P margins if prices hold. Middle East countries cut daily oil output, Bloomberg News reports
- Positive Sentiment: Services CEO: higher prices won’t quickly boost U.S. output — Patterson‑UTI’s CEO says drilling won’t ramp without predictability, suggesting tightness could persist and help E&P cash flows. Higher oil prices will not spur more US production, oilfield services company says
- Neutral Sentiment: Saudi rerouting via Red Sea increases shipments but doesn’t fully replace Hormuz flows — helps logistics but only partially offsets disruption. Saudi Aramco Is Rerouting Oil. It Could Help Ease the Bottleneck.
- Neutral Sentiment: Saudi Red Sea exports rising to record highs in March — offers some relief but still falls short of replacing Hormuz volumes. Saudi Red Sea oil exports to hit record high in March, shipping data shows
- Neutral Sentiment: Gulf of Mexico lease auction draws weaker interest — could signal slower future domestic supply additions, a longer-term structural positive for prices but limited immediate impact. Gulf of Mexico oil and gas auction yields far fewer bids than first Trump sale
- Negative Sentiment: De‑escalation and policy moves have caused sharp pullbacks — comments from the U.S. President and signals about reserve releases/waivers triggered big intraday drops in crude, pressuring XOP today. Oil falls over 6% as Trump predicts Middle East de-escalation
- Negative Sentiment: Markets reassessing worst‑case supply risks — rapid swings (oil briefly >$115 then down) increase volatility and can prompt profit‑taking in E&P names and ETF outflows. Oil spike fades as markets reassess Iran war supply risks
SPDR S&P Oil & Gas Exploration & Production ETF Trading Down 1.7%
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. 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.
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