Bessemer Group Inc. Sells 153,402 Shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

Bessemer Group Inc. lessened its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 23.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 499,702 shares of the company’s stock after selling 153,402 shares during the quarter. Bessemer Group Inc.’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $66,144,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. JPMorgan Chase & Co. increased its position in SPDR S&P Oil & Gas Exploration & Production ETF by 17.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 719,268 shares of the company’s stock valued at $94,598,000 after purchasing an additional 105,387 shares during the period. Toronto Dominion Bank boosted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 24.0% during the 3rd quarter. Toronto Dominion Bank now owns 366,925 shares of the company’s stock valued at $48,258,000 after purchasing an additional 71,116 shares in the last quarter. SPX Gestao de Recursos Ltda purchased a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the fourth quarter valued at about $8,732,000. Valley Wealth Managers Inc. raised its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 69.1% in the fourth quarter. Valley Wealth Managers Inc. now owns 56,851 shares of the company’s stock worth $7,525,000 after buying an additional 23,231 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 882.6% in the fourth quarter. Farther Finance Advisors LLC now owns 10,465 shares of the company’s stock worth $1,385,000 after buying an additional 9,400 shares during the period.

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

Shares of SPDR S&P Oil & Gas Exploration & Production ETF stock opened at $113.74 on Thursday. The firm has a market cap of $2.00 billion, a price-to-earnings ratio of 12.11 and a beta of 1.34. SPDR S&P Oil & Gas Exploration & Production ETF has a 1 year low of $99.01 and a 1 year high of $162.49. The company has a 50-day moving average of $128.40 and a 200 day moving average of $134.13.

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.