Invesco Oil & Gas Services ETF (NYSEARCA:PXJ) Shares Down 0.1%

Invesco Oil & Gas Services ETF (NYSEARCA:PXJ) was down 0.1% on Monday . The stock traded as low as $31.70 and last traded at $31.88. Approximately 8,319 shares were traded during trading, a decline of 71% from the average daily volume of 28,284 shares. The stock had previously closed at $31.92.

Invesco Oil & Gas Services ETF Price Performance

The company has a market capitalization of $93.41 million, a PE ratio of 120.41 and a beta of 0.74. The company has a 50 day moving average of $30.85 and a two-hundred day moving average of $29.55.

Institutional Investors Weigh In On Invesco Oil & Gas Services ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of PXJ. Private Advisor Group LLC bought a new stake in Invesco Oil & Gas Services ETF in the 4th quarter worth about $235,000. MinichMacGregor Wealth Management LLC bought a new position in shares of Invesco Oil & Gas Services ETF during the 4th quarter valued at $328,000. Western Financial Corp CA purchased a new stake in Invesco Oil & Gas Services ETF during the fourth quarter valued at $354,000. Hennion & Walsh Asset Management Inc. lifted its holdings in Invesco Oil & Gas Services ETF by 5.2% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 13,260 shares of the company’s stock valued at $421,000 after acquiring an additional 650 shares during the period. Finally, Nilsine Partners LLC purchased a new position in Invesco Oil & Gas Services ETF in the fourth quarter worth about $1,130,000.

Invesco Oil & Gas Services ETF Company Profile

The Invesco Dynamic Oil & Gas Services ETF (PXJ) is an exchange-traded fund that mostly invests in energy equity. The fund tracks an index of US companies in the oil and gas services sector that are weighted in tiers. The index uses a multi-factor methodology to select holdings. PXJ was launched on Oct 26, 2005 and is managed by Invesco.