Ballew Advisors Inc Acquires Shares of 20,000 SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

Ballew Advisors Inc acquired a new stake in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 20,000 shares of the company’s stock, valued at approximately $469,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Shufro Rose & Co. LLC bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the third quarter worth approximately $27,000. Founders Capital Management grew its position in SPDR S&P Oil & Gas Exploration & Production ETF by 30.3% in the third quarter. Founders Capital Management now owns 2,365 shares of the company’s stock worth $53,000 after acquiring an additional 550 shares in the last quarter. Whittier Trust Co. bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the third quarter worth approximately $67,000. Daiwa Securities Group Inc. grew its position in SPDR S&P Oil & Gas Exploration & Production ETF by 27.5% in the third quarter. Daiwa Securities Group Inc. now owns 6,500 shares of the company’s stock worth $145,000 after acquiring an additional 1,400 shares in the last quarter. Finally, Private Advisor Group LLC bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the second quarter worth approximately $200,000.

XOP stock traded up $0.08 during trading hours on Tuesday, hitting $22.97. The company’s stock had a trading volume of 778,431 shares, compared to its average volume of 29,589,963. SPDR S&P Oil & Gas Exploration & Production ETF has a 12 month low of $19.90 and a 12 month high of $33.30. The stock has a 50 day moving average price of $22.46 and a two-hundred day moving average price of $22.78.

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 26th. Shareholders of record on Monday, December 23rd were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.74%. This is an increase from SPDR S&P Oil & Gas Exploration & Production ETF’s previous quarterly dividend of $0.07. The ex-dividend date was Friday, December 20th.

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.

See Also: Straddles

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Institutional Ownership by Quarter for SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)

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