SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) Reaches New 1-Year Low – Should You Sell?

SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) shares hit a new 52-week low during trading on Thursday . The stock traded as low as $99.01 and last traded at $113.74, with a volume of 9344183 shares changing hands. The stock had previously closed at $101.91.

SPDR S&P Oil & Gas Exploration & Production ETF Stock Up 11.6 %

The stock has a market cap of $2.00 billion, a PE ratio of 12.11 and a beta of 1.34. The stock has a 50-day moving average of $128.40 and a 200 day moving average of $134.13.

Institutional Trading of SPDR S&P Oil & Gas Exploration & Production ETF

A number of large investors have recently made changes to their positions in XOP. JPMorgan Chase & Co. grew its position in SPDR S&P Oil & Gas Exploration & Production ETF by 17.2% during the third quarter. JPMorgan Chase & Co. now owns 719,268 shares of the company’s stock valued at $94,598,000 after acquiring an additional 105,387 shares during the period. Toronto Dominion Bank grew its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 24.0% in the 3rd quarter. Toronto Dominion Bank now owns 366,925 shares of the company’s stock worth $48,258,000 after buying an additional 71,116 shares in the last quarter. SPX Gestao de Recursos Ltda bought a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the 4th quarter worth approximately $8,732,000. Valley Wealth Managers Inc. lifted its position in SPDR S&P Oil & Gas Exploration & Production ETF by 69.1% in the fourth quarter. Valley Wealth Managers Inc. now owns 56,851 shares of the company’s stock worth $7,525,000 after purchasing an additional 23,231 shares during the period. Finally, Marshall Wace LLP lifted its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 489.6% during the 4th quarter. Marshall Wace LLP now owns 39,500 shares of the company’s stock valued at $5,229,000 after acquiring an additional 32,800 shares during the last quarter.

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.