Hollencrest Capital Management Decreases Stock Position in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

Hollencrest Capital Management decreased its holdings in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 92.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 280 shares of the company’s stock after selling 3,498 shares during the quarter. Hollencrest Capital Management’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $37,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Anchor Investment Management LLC acquired a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the 3rd quarter valued at approximately $33,000. Providence First Trust Co acquired a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the fourth quarter valued at $48,000. FSA Wealth Management LLC bought a new position in SPDR S&P Oil & Gas Exploration & Production ETF during the 3rd quarter valued at $92,000. AdvisorNet Financial Inc grew its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 42.1% during the 4th quarter. AdvisorNet Financial Inc now owns 1,855 shares of the company’s stock worth $246,000 after acquiring an additional 550 shares in the last quarter. Finally, Transcend Capital Advisors LLC grew its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 19.6% during the 4th 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 in the last quarter.

SPDR S&P Oil & Gas Exploration & Production ETF Stock Performance

Shares of SPDR S&P Oil & Gas Exploration & Production ETF stock opened at $124.44 on Thursday. SPDR S&P Oil & Gas Exploration & Production ETF has a 1 year low of $118.36 and a 1 year high of $162.49. The firm’s 50-day simple moving average is $135.39 and its 200-day simple moving average is $135.55. The firm has a market cap of $1.98 billion, a PE 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.