Healthcare of Ontario Pension Plan Trust Fund Lowers Stake in SPDR S&P Oil & Gas Exploration & Production ETF $XOP

Healthcare of Ontario Pension Plan Trust Fund cut its stake in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 51.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,500,000 shares of the company’s stock after selling 1,599,500 shares during the period. Healthcare of Ontario Pension Plan Trust Fund owned about 7.69% of SPDR S&P Oil & Gas Exploration & Production ETF worth $272,745,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in XOP. Godfrey Financial Associates Inc. bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF during the 4th quarter valued at about $30,000. IFP Advisors Inc increased its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 360.3% during the third quarter. IFP Advisors Inc now owns 290 shares of the company’s stock worth $38,000 after acquiring an additional 227 shares during the period. Advisors Preferred LLC purchased a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the first quarter worth approximately $63,000. Advisory Services Network LLC bought a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the third quarter valued at approximately $46,000. Finally, Ball & Co Wealth Management Inc. bought a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the first quarter valued at approximately $86,000.

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

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

• Positive Sentiment: Oil prices surged as conflict in the Middle East raised fears of supply disruptions, with attacks on tankers and threats to key shipping chokepoints like the Strait of Hormuz and Bab el-Mandeb supporting energy producers. Oil prices rise to six-week high as US-Iran tensions escalate
• Positive Sentiment: Physical crude prices jumped to two-month highs, with some barrels nearing $110, indicating tighter near-term supply and potentially better realized pricing for exploration and production companies. Physical oil prices jump with some nearing $110 as Iran, Ukraine wars hit supply
• Positive Sentiment: Energy shares gained as Brent briefly topped $100 a barrel, reflecting investor demand for oil-sector exposure amid escalating geopolitical risk. US energy shares gain as Houthi tanker attacks push Brent to $100
• Neutral Sentiment: Some headlines noted oil pulled back from recent highs on profit-taking and hopes for renewed U.S.-Iran talks, which could slow momentum if tensions ease. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats 4% On Profit-Taking
• Negative Sentiment: Broader market commentary flagged concern that higher oil prices and rising yields could pressure equities, especially if energy costs start to weigh on the wider economy. Investors fret that spiking oil prices and rising yields could threaten stock rally

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

Shares of NYSEARCA XOP opened at $174.05 on Friday. The firm has a market capitalization of $3.53 billion, a price-to-earnings ratio of 11.28 and a beta of 0.53. The stock has a 50 day moving average price of $163.87 and a 200 day moving average price of $159.53. SPDR S&P Oil & Gas Exploration & Production ETF has a 52-week low of $121.46 and a 52-week high of $190.36.

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. 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.