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XOP

Insiders Bullish on Certain Holdings of XOP

A look at the weighted underlying holdings of the SPDR S&P Oil & Gas Exploration & Production ETF ( XOP ) shows an impressive 19.1% of holdings on a weighted basis have experienced insider buying within the past six months.

Matador Resources Co (Symbol: MTDR), which makes up 1.48% of the SPDR S&P Oil & Gas Exploration & Production ETF ( XOP ), has seen 2 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $27,947,959 worth of MTDR, making it the #49 largest holding. The table below details the recent insider buying activity observed at MTDR:

MTDR - last trade: $23.38 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
08/08/2016 William M. Byerley Director 2,288 $21.86 $50,016
09/01/2016 Joe A. Davis Director 8,767 $22.70 $199,046

And Cobalt International Energy Inc. (Symbol: CIE), the #55 largest holding among components of the SPDR S&P Oil & Gas Exploration & Production ETF ( XOP ), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $5,744,844 worth of CIE, which represents approximately 0.31% of the ETF's total assets at last check. The recent insider buying activity observed at CIE is detailed in the table below:

CIE - last trade: $1.10 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
08/16/2016 David D. Powell Chief Financial Officer 100,000 $0.99 $98,540
08/16/2016 Timothy J. Cutt Chief Executive Officer 100,000 $1.00 $99,880

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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