Farther Finance Advisors LLC Increases Position in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

Farther Finance Advisors LLC grew its holdings in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 882.6% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 10,465 shares of the company’s stock after buying an additional 9,400 shares during the period. Farther Finance Advisors LLC’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $1,385,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Anchor Investment Management LLC acquired a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the third quarter worth about $33,000. Providence First Trust Co acquired a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the fourth quarter worth about $48,000. FSA Wealth Management LLC acquired a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the third quarter worth about $92,000. AdvisorNet Financial Inc increased its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 42.1% during the fourth quarter. AdvisorNet Financial Inc now owns 1,855 shares of the company’s stock worth $246,000 after acquiring an additional 550 shares during the period. Finally, Transcend Capital Advisors LLC increased its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 19.6% during the fourth quarter. Transcend Capital Advisors LLC now owns 6,122 shares of the company’s stock worth $810,000 after acquiring an additional 1,005 shares during the period.

SPDR S&P Oil & Gas Exploration & Production ETF Stock Down 1.4 %

Shares of SPDR S&P Oil & Gas Exploration & Production ETF stock opened at $122.65 on Friday. SPDR S&P Oil & Gas Exploration & Production ETF has a 52-week low of $118.36 and a 52-week high of $162.49. The company’s 50-day simple moving average is $135.15 and its 200-day simple moving average is $135.46. The firm has a market cap of $1.96 billion, a price-to-earnings ratio of 9.54 and a beta of 1.69.

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.