Investors Sell Shares of SPDR S&P Oil & Gas Exploration & Production ETF (XOP) on Strength (XOP)

Traders sold shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) on strength during trading on Monday. $69.75 million flowed into the stock on the tick-up and $89.77 million flowed out of the stock on the tick-down, for a money net flow of $20.02 million out of the stock. Of all companies tracked, SPDR S&P Oil & Gas Exploration & Production ETF had the 31st highest net out-flow for the day. SPDR S&P Oil & Gas Exploration & Production ETF traded up $0.88 for the day and closed at $43.37

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 26th. Investors of record on Monday, September 24th will be paid a dividend of $0.0613 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date of this dividend is Friday, September 21st.

Several large investors have recently bought and sold shares of the company. Morgan Stanley lifted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 45.0% in the 2nd quarter. Morgan Stanley now owns 18,290,440 shares of the company’s stock valued at $787,587,000 after purchasing an additional 5,674,838 shares during the last quarter. Natixis lifted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 19.2% in the 2nd quarter. Natixis now owns 3,650,000 shares of the company’s stock valued at $157,169,000 after purchasing an additional 588,106 shares during the last quarter. Richard Bernstein Advisors LLC bought a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the 2nd quarter valued at approximately $70,778,000. Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 26.2% in the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,444,450 shares of the company’s stock valued at $62,198,000 after purchasing an additional 299,450 shares during the last quarter. Finally, American Century Companies Inc. bought a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the 2nd quarter valued at approximately $53,523,000.

SPDR S&P Oil & Gas Exploration & Production ETF Company Profile (NYSEARCA:XOP)

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.

Further Reading: Asset Allocation

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