SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) Hits New 52-Week Low at $22.30

Shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) reached a new 52-week low on Monday . The company traded as low as $22.30 and last traded at $22.29, with a volume of 259856 shares traded. The stock had previously closed at $23.20.

The company has a 50 day moving average of $25.71.

Several hedge funds have recently added to or reduced their stakes in XOP. Fisher Asset Management LLC purchased a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the second quarter valued at approximately $73,108,000. SG Americas Securities LLC increased its stake in SPDR S&P Oil & Gas Exploration & Production ETF by 290.3% in the second quarter. SG Americas Securities LLC now owns 2,498,347 shares of the company’s stock valued at $68,080,000 after purchasing an additional 1,858,258 shares during the last quarter. Tibra Equities Europe Ltd purchased a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the second quarter valued at approximately $30,414,000. CIBC Private Wealth Group LLC purchased a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the second quarter valued at approximately $8,204,000. Finally, Gainplan LLC purchased a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the first quarter valued at approximately $6,949,000.

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

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