SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) is Modus Advisors LLC’s 7th Largest Position

Modus Advisors LLC raised its position in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 2.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 45,843 shares of the company’s stock after purchasing an additional 1,052 shares during the period. SPDR S&P Oil & Gas Exploration & Production ETF accounts for 2.5% of Modus Advisors LLC’s investment portfolio, making the stock its 7th largest holding. Modus Advisors LLC owned approximately 0.17% of SPDR S&P Oil & Gas Exploration & Production ETF worth $5,906,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Cullen Frost Bankers Inc. purchased a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the first quarter worth about $25,000. Fortis Advisors LLC purchased a new position in SPDR S&P Oil & Gas Exploration & Production ETF during the 1st quarter worth $32,000. Main Management LLC acquired a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the fourth quarter valued at $43,000. CoreCap Advisors LLC acquired a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the fourth quarter worth about $68,000. Finally, Advisors Preferred LLC grew its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 815.8% during the first quarter. Advisors Preferred LLC now owns 522 shares of the company’s stock worth $70,000 after buying an additional 465 shares during the last quarter.

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

SPDR S&P Oil & Gas Exploration & Production ETF stock traded up $1.42 during trading hours on Thursday, reaching $153.45. 842,276 shares of the stock were exchanged, compared to its average volume of 4,491,808. SPDR S&P Oil & Gas Exploration & Production ETF has a 52-week low of $114.16 and a 52-week high of $161.42. The firm’s 50 day moving average is $142.93 and its 200 day moving average is $131.91. The stock has a market cap of $4.09 billion, a P/E ratio of 4.31 and a beta of 1.91.

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

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.