Investors Sell Shares of SPDR S&P Oil & Gas Exploration & Production ETF (XOP) on Strength (XOP)

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Traders sold shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) on strength during trading hours on Wednesday. $98.94 million flowed into the stock on the tick-up and $143.61 million flowed out of the stock on the tick-down, for a money net flow of $44.67 million out of the stock. Of all stocks tracked, SPDR S&P Oil & Gas Exploration & Production ETF had the 32nd highest net out-flow for the day. SPDR S&P Oil & Gas Exploration & Production ETF traded up $0.95 for the day and closed at $37.82

Several institutional investors and hedge funds have recently added to or reduced their stakes in XOP. Signaturefd LLC grew its position in SPDR S&P Oil & Gas Exploration & Production ETF by 7.4% in the second quarter. Signaturefd LLC now owns 127,038 shares of the company’s stock valued at $5,470,000 after acquiring an additional 8,700 shares during the period. Segall Bryant & Hamill LLC bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the second quarter valued at $17,157,000. Bruderman Asset Management LLC bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the second quarter valued at $4,514,000. Allianz Asset Management GmbH grew its position in SPDR S&P Oil & Gas Exploration & Production ETF by 134.6% in the first quarter. Allianz Asset Management GmbH now owns 200,000 shares of the company’s stock valued at $7,044,000 after acquiring an additional 777,915 shares during the period. Finally, Toronto Dominion Bank bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the second quarter valued at $736,000.

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SPDR S&P Oil & Gas Exploration & Production ETF Company Profile (NYSEARCA:XOP)

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.

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