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Fisher Asset Management LLC Acquires New Stake in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

By August 19, 2019 No Comments

Fisher Asset Management LLC purchased a new position in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 2,682,877 shares of the company’s stock, valued at approximately $73,108,000. Fisher Asset Management LLC owned about 3.33% of SPDR S&P Oil & Gas Exploration & Production ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. WP Advisors LLC purchased a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the first quarter valued at about $36,000. Asset Planning Services Ltd. grew its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 134.6% in the 1st quarter. Asset Planning Services Ltd. now owns 1,804 shares of the company’s stock valued at $55,000 after buying an additional 1,035 shares during the period. Capital Investment Advisory Services LLC grew its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 38.3% in the 1st quarter. Capital Investment Advisory Services LLC now owns 2,526 shares of the company’s stock valued at $78,000 after buying an additional 700 shares during the period. Cetera Advisors LLC acquired a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the 1st quarter valued at $107,000. Finally, Daiwa Securities Group Inc. grew its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 32.4% in the 1st quarter. Daiwa Securities Group Inc. now owns 4,500 shares of the company’s stock valued at $138,000 after buying an additional 1,100 shares during the period.

Shares of XOP stock traded up $0.66 on Friday, hitting $21.44. The stock had a trading volume of 23,623,800 shares, compared to its average volume of 22,434,877. SPDR S&P Oil & Gas Exploration & Production ETF has a twelve month low of $20.56 and a twelve month high of $44.81. The company has a fifty day moving average price of $24.57 and a two-hundred day moving average price of $28.16.

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.

Further Reading: The Discount Rate – What You Need to Know

Institutional Ownership by Quarter for SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

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