Foundations Investment Advisors LLC bought a new position in shares of Invesco Energy Exploration & Production ETF (NYSEARCA:PXE – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 195,906 shares of the company’s stock, valued at approximately $5,476,000. Foundations Investment Advisors LLC owned 7.81% of Invesco Energy Exploration & Production ETF at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. increased its position in Invesco Energy Exploration & Production ETF by 14.7% during the second quarter. Raymond James Financial Inc. now owns 35,441 shares of the company’s stock worth $992,000 after acquiring an additional 4,541 shares during the period. Susquehanna International Group LLP bought a new position in Invesco Energy Exploration & Production ETF during the third quarter worth $304,000. PCG Wealth Advisors LLC bought a new position in Invesco Energy Exploration & Production ETF during the third quarter worth $398,000. BNP Paribas Financial Markets bought a new position in Invesco Energy Exploration & Production ETF during the third quarter worth $294,000. Finally, Osaic Holdings Inc. increased its position in Invesco Energy Exploration & Production ETF by 9.7% during the second quarter. Osaic Holdings Inc. now owns 10,039 shares of the company’s stock worth $281,000 after acquiring an additional 891 shares during the period.
Invesco Energy Exploration & Production ETF Trading Up 1.0%
Shares of PXE stock opened at $35.91 on Friday. Invesco Energy Exploration & Production ETF has a 1 year low of $26.78 and a 1 year high of $40.74. The firm’s fifty day simple moving average is $37.30 and its 200 day simple moving average is $32.89. The firm has a market capitalization of $119.58 million, a P/E ratio of 10.78 and a beta of 0.52.
Invesco Energy Exploration & Production ETF Company Profile
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. Securities shown to possess the greatest capital appreciation potential are selected by the Index. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.
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