SPDR S&P Oil & Gas Explore & Prod. Sees Unusually High Options Volume (XOP)

SPDR S&P Oil & Gas Explore & Prod. (NYSE:XOP) saw some unusual options trading on Monday. Traders acquired 22,469 put options on the company. This represents an increase of approximately 295% compared to the typical daily volume of 5,682 put options.

Several institutional investors and hedge funds have recently modified their holdings of the company. Rafferty Asset Management LLC boosted its position in shares of SPDR S&P Oil & Gas Explore & Prod. by 17.7% in the 2nd quarter. Rafferty Asset Management LLC now owns 1,437,878 shares of the exchange traded fund’s stock worth $45,897,000 after purchasing an additional 216,351 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of SPDR S&P Oil & Gas Explore & Prod. by 1,013.7% in the 2nd quarter. SG Americas Securities LLC now owns 1,100,208 shares of the exchange traded fund’s stock worth $35,119,000 after purchasing an additional 1,001,420 shares in the last quarter. Commerzbank Aktiengesellschaft FI boosted its position in shares of SPDR S&P Oil & Gas Explore & Prod. by 88.1% in the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 659,378 shares of the exchange traded fund’s stock worth $21,047,000 after purchasing an additional 308,920 shares in the last quarter. Connable Office Inc. boosted its position in shares of SPDR S&P Oil & Gas Explore & Prod. by 19.8% in the 2nd quarter. Connable Office Inc. now owns 451,379 shares of the exchange traded fund’s stock worth $14,408,000 after purchasing an additional 74,550 shares in the last quarter. Finally, Denver Investment Advisors LLC bought a new position in SPDR S&P Oil & Gas Explore & Prod. in the 2nd quarter valued at approximately $12,162,000.

SPDR S&P Oil & Gas Explore & Prod. (NYSE XOP) opened at 30.93 on Thursday. The stock has a 50 day moving average price of $30.77 and a 200-day moving average price of $33.69. SPDR S&P Oil & Gas Explore & Prod. has a 12-month low of $28.96 and a 12-month high of $44.97.

COPYRIGHT VIOLATION NOTICE: This article was first reported by Ticker Report and is owned by of Ticker Report. If you are reading this article on another site, it was illegally stolen and reposted in violation of U.S. and international copyright legislation. The original version of this article can be viewed at https://www.tickerreport.com/banking-finance/2874979/spdr-sp-oil-gas-explore-prod-sees-unusually-high-options-volume-xop-2.html.

About SPDR S&P Oil & Gas Explore & Prod.

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.

Receive News & Ratings for SPDR S&P Oil & Gas Explore & Prod. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Oil & Gas Explore & Prod. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.