Valley Wealth Managers Inc. Decreases Position in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

Valley Wealth Managers Inc. lessened its holdings in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 2.5% during the third quarter, Holdings Channel.com reports. The firm owned 33,620 shares of the company’s stock after selling 853 shares during the quarter. Valley Wealth Managers Inc.’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $4,422,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Connable Office Inc. increased its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 1.3% in the third quarter. Connable Office Inc. now owns 118,154 shares of the company’s stock valued at $15,540,000 after acquiring an additional 1,543 shares during the period. Janney Montgomery Scott LLC increased its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 22.1% in the third quarter. Janney Montgomery Scott LLC now owns 15,723 shares of the company’s stock valued at $2,068,000 after acquiring an additional 2,844 shares during the period. Creative Financial Designs Inc. ADV increased its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 500.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 300 shares of the company’s stock valued at $39,000 after buying an additional 250 shares during the period. ORG Partners LLC increased its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 3.9% during the third quarter. ORG Partners LLC now owns 7,680 shares of the company’s stock valued at $1,011,000 after buying an additional 285 shares during the period. Finally, SG Americas Securities LLC increased its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 233.4% during the third quarter. SG Americas Securities LLC now owns 41,281 shares of the company’s stock valued at $5,429,000 after buying an additional 28,901 shares during the period.

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

Shares of NYSEARCA XOP traded up $1.24 during midday trading on Friday, hitting $143.44. 143,787 shares of the company traded hands, compared to its average volume of 3,113,237. SPDR S&P Oil & Gas Exploration & Production ETF has a 12-month low of $124.12 and a 12-month high of $162.49. The stock has a 50-day moving average price of $134.22 and a 200 day moving average price of $141.04. The firm has a market cap of $3.66 billion, a P/E ratio of 4.95 and a beta of 0.68.

SPDR S&P Oil & Gas Exploration & Production ETF 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.