Today were published SPDR S&P Oil & Gas Explore & Prod. (ETF) (NYSEARCA:XOP)‘s daily net flows. The ETF registered $355.94M asset inflows for 17.59% increase, reaching $2380.01M after yestarday’s trading session. The chart of SPDR S&P Oil & Gas Explore & Prod. (ETF) shows positive short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net inflows create excess cash for managers to invest, which theoretically creates demand for the etf’s holdings. The ETF decreased 0.18% or $0.07 on November 17, hitting $38.09. It is down 14.66% since April 18, 2016 and is uptrending. It has outperformed by 10.23% the S&P500.
The ETF’s YTD performance is 17.81%, the 1 year is -3.51% and the 3 year is -19.25%.
The ETF’s average P/E ratio is 23.27, the price to book is 1.26, the price to sales is 0.91 and the price to cashflow is 4.89. SPDR S&P Oil & Gas Explore & Prod. (ETF) is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Western Refining Inc. Western R for 2.31% of assets, Whiting Petroleum Corporation C for 2.28%, Valero Energy Corporation Commo for 2.28%, Tesoro Corporation Common Stock for 2.27%, Phillips 66 Common Stock for 2.20%, Marathon Petroleum Corporation for 2.18%, Chevron Corporation Common Stoc for 2.18%, ConocoPhillips Common Stock for 2.17%, Anadarko Petroleum Corporation for 2.17%, Oasis Petroleum Inc. Common Sto for 2.15%. The ETF sector weights are: Basic Materials 0.84%, Energy 98.89%, Industrials 0.27%. The ETF currently as 0% yield.
More news for SPDR S&P Oil & Gas Explore & Prod. (ETF) (NYSEARCA:XOP) were recently published by: Etfdailynews.com, which released: “Traders Are Getting Bullish on This Oil & Gas ETF” on November 17, 2016. Zacks.com‘s article titled: “Oil ETFs Jump on Renewed Hopes of OPEC Cut” and published on November 16, 2016 is yet another important article.
XOP Company Profile
SPDR S&P Oil & Gas Exploration & Production Exchange Traded Fund (The Fund) seeks to replicate as closely as possible, before expenses, the performance of an index derived from the gas and oil exploration and production segment of a United States total market composite index. The Fund uses a passive management strategy designed to track the total return performance of the S&P Oil & Gas Exploration & Production Select Industry Index (the Oil & Gas Exploration Index).
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