Significant Capital Withdrawal from SPDR S&P Oil & Gas ETF (XOP) Causes $73.2M Drop"
ByAinvest
Monday, Jul 22, 2024 10:53 am ET1min read
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The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) has experienced a $73.2 million outflow, a 2.1% drop from 23,750,000 shares to 23,250,000 shares. The decrease is driven by declines in Matador Resources Co (MTDR), APA Corp (APA), and Diamondback Energy, Inc. (FANG). The ETF's 52-week range is $126.59 to $162.49, with a last trade at $145.73.
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