JPMorgan Chase & Co. Has $6.07 Million Stock Holdings in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

JPMorgan Chase & Co. lowered its position in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 93.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 45,875 shares of the company’s stock after selling 673,393 shares during the quarter. JPMorgan Chase & Co.’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $6,072,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in XOP. Anchor Investment Management LLC bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF during the 3rd quarter worth approximately $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 $48,000. AdvisorNet Financial Inc grew its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 42.1% in the fourth quarter. AdvisorNet Financial Inc now owns 1,855 shares of the company’s stock worth $246,000 after purchasing an additional 550 shares during the last quarter. Transcend Capital Advisors LLC increased its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 19.6% in the fourth quarter. Transcend Capital Advisors LLC now owns 6,122 shares of the company’s stock valued at $810,000 after purchasing an additional 1,005 shares during the period. Finally, Jones Financial Companies Lllp raised its position in SPDR S&P Oil & Gas Exploration & Production ETF by 309.5% during the 4th quarter. Jones Financial Companies Lllp now owns 6,932 shares of the company’s stock worth $918,000 after purchasing an additional 5,239 shares during the last quarter.

SPDR S&P Oil & Gas Exploration & Production ETF Trading Up 2.8 %

Shares of XOP stock opened at $111.93 on Friday. SPDR S&P Oil & Gas Exploration & Production ETF has a 1-year low of $99.01 and a 1-year high of $158.26. The stock has a market cap of $1.96 billion, a price-to-earnings ratio of 12.11 and a beta of 1.34. The stock has a 50-day moving average of $125.08 and a 200-day moving average of $133.14.

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.