Raymond James & Associates Sells 3,154 Shares of Invesco Energy Exploration & Production ETF (NYSEARCA:PXE)

Raymond James & Associates lessened its holdings in shares of Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) by 6.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 44,584 shares of the company’s stock after selling 3,154 shares during the quarter. Raymond James & Associates owned about 0.87% of Invesco Energy Exploration & Production ETF worth $1,378,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Harbour Investments Inc. raised its stake in Invesco Energy Exploration & Production ETF by 275.0% during the 4th quarter. Harbour Investments Inc. now owns 975 shares of the company’s stock valued at $29,000 after purchasing an additional 715 shares during the period. Money Concepts Capital Corp bought a new stake in Invesco Energy Exploration & Production ETF during the 4th quarter valued at approximately $59,000. Captrust Financial Advisors bought a new stake in Invesco Energy Exploration & Production ETF in the 1st quarter worth approximately $70,000. Amundi increased its stake in Invesco Energy Exploration & Production ETF by 2,980.1% in the 4th quarter. Amundi now owns 4,651 shares of the company’s stock worth $136,000 after acquiring an additional 4,500 shares during the last quarter. Finally, GSA Capital Partners LLP bought a new stake in Invesco Energy Exploration & Production ETF in the 3rd quarter worth approximately $215,000.

Invesco Energy Exploration & Production ETF Price Performance

NYSEARCA:PXE opened at $35.22 on Friday. Invesco Energy Exploration & Production ETF has a 1 year low of $24.26 and a 1 year high of $37.48. The stock’s 50 day simple moving average is $34.03 and its two-hundred day simple moving average is $32.09. The company has a market cap of $146.52 million, a price-to-earnings ratio of 5.75 and a beta of 0.73.

About Invesco Energy Exploration & Production ETF

PowerShares Dynamic Energy Exploration & Production Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Energy Exploration & Production Intellidex Index (the Index). The Index evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors.