Ashton Thomas Private Wealth LLC grew its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP – Free Report) by 112.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,175 shares of the company’s stock after purchasing an additional 17,525 shares during the period. Ashton Thomas Private Wealth LLC owned 0.21% of SPDR S&P Oil & Gas Exploration & Production ETF worth $4,189,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. Abound Wealth Management acquired a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the 4th quarter worth about $25,000. IFP Advisors Inc boosted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 360.3% during the 3rd quarter. IFP Advisors Inc now owns 290 shares of the company’s stock worth $38,000 after purchasing an additional 227 shares during the last quarter. Winthrop Capital Management LLC boosted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 40.7% during the 3rd quarter. Winthrop Capital Management LLC now owns 332 shares of the company’s stock worth $44,000 after purchasing an additional 96 shares during the last quarter. Advisory Services Network LLC purchased a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the 3rd quarter worth about $46,000. Finally, FNY Investment Advisers LLC purchased a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the 3rd quarter worth about $99,000.
SPDR S&P Oil & Gas Exploration & Production ETF Price Performance
Shares of XOP stock opened at $169.48 on Tuesday. The firm has a market cap of $3.25 billion, a P/E ratio of 11.28 and a beta of 0.61. SPDR S&P Oil & Gas Exploration & Production ETF has a 1-year low of $109.38 and a 1-year high of $190.36. The firm’s 50-day simple moving average is $166.77 and its 200-day simple moving average is $143.89.
Key SPDR S&P Oil & Gas Exploration & Production ETF News
- Positive Sentiment: Geopolitical risk: Peace talks between the U.S. and Iran have stalled and shipping through the Strait of Hormuz remains constrained, pushing oil prices up on concerns about supply disruptions. Oil jumps more than 2% as US-Iran peace talks stall
- Positive Sentiment: Banks lifting outlooks: Goldman Sachs raised its oil price forecasts citing tighter Middle East output, supporting higher forward prices that benefit E&P names in XOP. Goldman Sachs raises oil price forecasts on tight supply
- Positive Sentiment: ETF flow thesis: Analysts and commentators note energy ETFs look attractive if oil remains above pre‑conflict levels, implying potential inflows into XOP. Oil to Stay Elevated Above Pre-Conflict Levels: Energy ETFs to Benefit
- Positive Sentiment: Market pricing of prolonged disruption: Prediction markets now see a lower chance of a near‑term US‑Iran deal, implying weeks of elevated geopolitically driven oil risk and continued support for prices. Polymarket signals weeks more oil pain as peace deal hopes shift to May and June
- Neutral Sentiment: Supply vs demand debate: Coverage notes supply fears are propping up Brent, but demand pushback could emerge; this sets up a pivotal week where price direction depends on incoming data and headlines. Oil News: Supply Fear vs. Oil Demand Sets Up a Pivotal Week for Brent Crude
- Negative Sentiment: Technical caution: Recent technical analysis points to slowing momentum for WTI and a cautious near‑term outlook — suggesting rallies may be capped if momentum indicators deteriorate or risk sentiment normalizes. Crude Oil Update: Taking Stock of the Latest Price Action
SPDR S&P Oil & Gas Exploration & Production ETF Profile
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.
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