Jefferies Financial Group Inc. Invests $272,000 in Invesco Oil & Gas Services ETF (NYSEARCA:PXJ)

Jefferies Financial Group Inc. bought a new stake in Invesco Oil & Gas Services ETF (NYSEARCA:PXJ) in the 4th quarter, Holdings Channel.com reports. The fund bought 9,773 shares of the company’s stock, valued at approximately $272,000.

Several other large investors have also recently added to or reduced their stakes in PXJ. HighTower Advisors LLC purchased a new stake in Invesco Oil & Gas Services ETF in the 4th quarter valued at about $208,000. JPMorgan Chase & Co. acquired a new stake in shares of Invesco Oil & Gas Services ETF in the third quarter worth approximately $269,000. Tower Research Capital LLC TRC grew its holdings in Invesco Oil & Gas Services ETF by 22.1% in the fourth quarter. Tower Research Capital LLC TRC now owns 26,140 shares of the company’s stock valued at $728,000 after purchasing an additional 4,734 shares during the period. RPg Family Wealth Advisory LLC acquired a new position in Invesco Oil & Gas Services ETF during the fourth quarter worth approximately $566,000. Finally, Jane Street Group LLC purchased a new position in Invesco Oil & Gas Services ETF during the fourth quarter worth approximately $216,000.

Invesco Oil & Gas Services ETF Price Performance

Shares of PXJ opened at $23.84 on Friday. Invesco Oil & Gas Services ETF has a fifty-two week low of $19.38 and a fifty-two week high of $34.01. The company’s fifty day moving average is $23.25 and its two-hundred day moving average is $26.61. The firm has a market cap of $26.94 million, a PE ratio of 8.20 and a beta of 1.05.

About Invesco Oil & Gas Services ETF

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.