Ashton Thomas Private Wealth LLC Decreases Stock Position in SPDR S&P Oil & Gas Exploration & Production ETF $XOP

Ashton Thomas Private Wealth LLC cut its holdings in SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 45.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,650 shares of the company’s stock after selling 12,842 shares during the quarter. Ashton Thomas Private Wealth LLC owned 0.11% of SPDR S&P Oil & Gas Exploration & Production ETF worth $2,069,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Canoe Financial LP purchased a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the 3rd quarter valued at about $593,000. Allianz SE boosted its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 33.5% in the second quarter. Allianz SE now owns 51,025 shares of the company’s stock worth $6,419,000 after purchasing an additional 12,800 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 31.0% in the second quarter. Janney Montgomery Scott LLC now owns 9,558 shares of the company’s stock worth $1,202,000 after purchasing an additional 2,262 shares during the last quarter. Allworth Financial LP grew its position in SPDR S&P Oil & Gas Exploration & Production ETF by 759.5% in the 2nd quarter. Allworth Financial LP now owns 636 shares of the company’s stock worth $80,000 after purchasing an additional 562 shares during the period. Finally, Valeo Financial Advisors LLC bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the 2nd quarter worth approximately $1,540,000.

Key Headlines Impacting SPDR S&P Oil & Gas Exploration & Production ETF

Here are the key news stories impacting SPDR S&P Oil & Gas Exploration & Production ETF this week:

• Positive Sentiment: U.S. crude inventories fell, which supports oil fundamentals and can help E&P cash flows over time. U.S. Crude Oil Stockpiles Fall Amid Lower Production
• Positive Sentiment: Technical signals: crude reclaimed its 200‑day moving average and formed a higher low, indicating upside potential if momentum holds — a tailwind for XOP if sustained. Crude Oil Price Forecast: Recovery Above 200-Day Signals Upside Potential
• Neutral Sentiment: Longer-term supply developments: Kuwait Oil Co is in talks with U.S. operators to develop shale resources — a structural story that could affect supply over years, but unlikely to swing near‑term oil prices. Kuwait Oil Co in talks with US operators to develop shale oil, gas resources
• Neutral Sentiment: Asset-level moves: BP is reportedly seeking partners for aging Iraqi fields — could modestly alter production economics for majors over time but not an immediate driver for XOP. BP seeks partner for one of the oldest Iraqi oil fields, Bloomberg News reports
• Negative Sentiment: Diplomatic détente hit risk premium: reports that the U.S. and Iran will hold talks, and broader easing of geopolitical tensions, pushed oil lower — the main near‑term reason XOP weakened today. Oil extends decline ahead of US-Iran talks
• Negative Sentiment: Sector earnings pressure: ConocoPhillips missed quarterly profit estimates on weaker oil prices, a sign lower crude is already hitting upstream margins — negative for XOP constituents. ConocoPhillips misses quarterly profit estimates
• Negative Sentiment: Commodity slide after easing global tensions (China‑U.S. outreach) pressured oil and other commodities broadly, prompting profit‑taking in names near their highs. Precious metals, oil slide as global tensions ease; copper down
• Positive Sentiment: Refinery labor risk: a union asked workers at BP’s large Whiting refinery to prepare for a strike or lockout — a potential near‑term support for refined‑product and crude prices if it escalates. Union asks workers at BP’s Whiting, Indiana, oil refinery to prepare for strike or lockout

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

NYSEARCA XOP opened at $141.46 on Friday. The stock has a market capitalization of $2.29 billion, a price-to-earnings ratio of 11.28 and a beta of 0.95. SPDR S&P Oil & Gas Exploration & Production ETF has a 1-year low of $99.01 and a 1-year high of $144.15. The business’s fifty day moving average price is $131.44 and its 200-day moving average price is $129.92.

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. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.