Raymond James Financial Services Advisors Inc. Sells 1,808 Shares of Invesco Energy Exploration & Production ETF (NYSEARCA:PXE)

Raymond James Financial Services Advisors Inc. decreased its holdings in shares of Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) by 19.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,453 shares of the company’s stock after selling 1,808 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Invesco Energy Exploration & Production ETF were worth $230,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Atria Wealth Solutions Inc. purchased a new position in Invesco Energy Exploration & Production ETF in the 3rd quarter worth approximately $232,000. Brookstone Capital Management raised its position in shares of Invesco Energy Exploration & Production ETF by 32.5% during the 4th quarter. Brookstone Capital Management now owns 10,757 shares of the company’s stock valued at $332,000 after buying an additional 2,638 shares in the last quarter. GoalVest Advisory LLC lifted its holdings in shares of Invesco Energy Exploration & Production ETF by 34.7% during the 4th quarter. GoalVest Advisory LLC now owns 13,952 shares of the company’s stock worth $431,000 after acquiring an additional 3,591 shares during the last quarter. Essex Financial Services Inc. grew its position in Invesco Energy Exploration & Production ETF by 3.0% in the third quarter. Essex Financial Services Inc. now owns 29,055 shares of the company’s stock worth $945,000 after acquiring an additional 833 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its stake in Invesco Energy Exploration & Production ETF by 303.1% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 32,450 shares of the company’s stock valued at $1,055,000 after acquiring an additional 24,400 shares during the last quarter.

Invesco Energy Exploration & Production ETF Stock Up 0.7 %

NYSEARCA PXE opened at $35.77 on Wednesday. The stock’s 50-day simple moving average is $34.22 and its two-hundred day simple moving average is $32.19. Invesco Energy Exploration & Production ETF has a twelve month low of $24.26 and a twelve month high of $37.48. The company has a market capitalization of $148.78 million, a price-to-earnings ratio of 5.75 and a beta of 0.73.

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.