The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) experienced a significant outflow of approximately $160.5 million this week, marking a 4.2% decrease in shares outstanding, from 21.4 million to 20.5 million. This change signals notable investor sentiment regarding the ETF, which now trades at $177.55, within a 52-week range of $122.11 to $190.36.
Key holdings within the ETF include PBF Energy Inc (down 0.1%), Par Pacific Holdings Inc (down 1.3%), and Delek US Holdings Inc (up 1.2%). The ETF’s performance and changes in shares outstanding are monitored weekly to assess market trends and investor demand dynamics.
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