Northwestern Mutual Wealth Management Co. Sells 32,915 Shares of SPDR S&P Oil & Gas Exploration & Production ETF $XOP

Northwestern Mutual Wealth Management Co. lessened its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 84.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,176 shares of the company’s stock after selling 32,915 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $780,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in XOP. Quadrature Capital Ltd lifted its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 139.7% during the 3rd quarter. Quadrature Capital Ltd now owns 222,891 shares of the company’s stock worth $29,462,000 after purchasing an additional 129,890 shares during the last quarter. Cadence Wealth Management LLC lifted its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 455.2% during the 3rd quarter. Cadence Wealth Management LLC now owns 141,729 shares of the company’s stock worth $18,737,000 after purchasing an additional 116,203 shares during the last quarter. Jump Financial LLC acquired a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the 3rd quarter worth about $11,167,000. JPMorgan Chase & Co. lifted its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 2.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,054,720 shares of the company’s stock worth $403,834,000 after purchasing an additional 79,498 shares during the last quarter. Finally, Group One Trading LLC acquired a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the 2nd quarter worth about $6,944,000.

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

NYSEARCA XOP opened at $168.39 on Tuesday. SPDR S&P Oil & Gas Exploration & Production ETF has a twelve month low of $121.46 and a twelve month high of $190.36. The stock has a market capitalization of $3.28 billion, a PE ratio of 11.28 and a beta of 0.52. The stock has a 50-day simple moving average of $171.06 and a 200 day simple moving average of $152.31.

Key SPDR S&P Oil & Gas Exploration & Production ETF News

Here are the key news stories impacting SPDR S&P Oil & Gas Exploration & Production ETF this week:

• Positive Sentiment: Crude rallied sharply after renewed Israel-Iran attacks reignited fears of a supply shock, boosting upstream energy names and ETFs like XOP. Oil Rises on Israel-Iran Escalation, U.S. Tech Futures Climb
• Positive Sentiment: Oil markets briefly pushed toward $100 as escalating Middle East conflict and tight inventories raised the odds of higher realized prices for producers. Oil News: Crude Futures Eye $100 as Iran-Israel Conflict Escalates
• Positive Sentiment: Wider concerns about Red Sea shipping disruptions and possible energy-flow bottlenecks support a bullish backdrop for oil-focused equities. Explainer: Why are the Houthis threatening to attack Red Sea shipping and what does it mean for oil markets?
• Neutral Sentiment: Saudi Arabia cut July crude prices to Asia, signaling softer demand and partially offsetting the bullish impact from supply risks. Saudi Arabia Cuts July Crude Prices for Asia As Demand Slows
• Neutral Sentiment: Oil pulled back from its highs after Iran said it was ending attacks on Israel, easing some immediate escalation fears and tempering the rally. Oil Trims Gains After Iran Says It Ended Attacks on Israel
• Negative Sentiment: OPEC+ agreed to a modest July output increase, which could add supply and cap further upside in crude if geopolitical tensions ease. OPEC+ to make small oil output quota hike for July

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. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.