Two Sigma Investments LP Purchases New Holdings in Invesco Energy Exploration & Production ETF (NYSEARCA:PXE)

Two Sigma Investments LP purchased a new stake in Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 13,203 shares of the company’s stock, valued at approximately $391,000. Two Sigma Investments LP owned approximately 0.31% of Invesco Energy Exploration & Production ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PXE. Cetera Investment Advisers raised its holdings in Invesco Energy Exploration & Production ETF by 547.3% in the 4th quarter. Cetera Investment Advisers now owns 95,865 shares of the company’s stock valued at $2,838,000 after acquiring an additional 81,056 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Invesco Energy Exploration & Production ETF in the 4th quarter valued at about $1,490,000. Comprehensive Wealth Management LLC raised its holdings in Invesco Energy Exploration & Production ETF by 122.8% in the 4th quarter. Comprehensive Wealth Management LLC now owns 44,471 shares of the company’s stock valued at $1,316,000 after acquiring an additional 24,513 shares during the last quarter. Mraz Amerine & Associates Inc. raised its holdings in Invesco Energy Exploration & Production ETF by 33.0% in the 4th quarter. Mraz Amerine & Associates Inc. now owns 37,542 shares of the company’s stock valued at $1,111,000 after acquiring an additional 9,314 shares during the last quarter. Finally, Global Retirement Partners LLC raised its holdings in Invesco Energy Exploration & Production ETF by 21.3% in the 4th quarter. Global Retirement Partners LLC now owns 18,126 shares of the company’s stock valued at $537,000 after acquiring an additional 3,179 shares during the last quarter.

Invesco Energy Exploration & Production ETF Trading Up 1.5%

PXE stock opened at $28.45 on Wednesday. The firm has a 50-day moving average of $25.89 and a two-hundred day moving average of $28.55. The company has a market cap of $74.25 million, a price-to-earnings ratio of 8.90 and a beta of 0.94. Invesco Energy Exploration & Production ETF has a 12 month low of $22.19 and a 12 month high of $34.47.

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.