Foundations Investment Advisors LLC purchased a new stake in Invesco Energy Exploration & Production ETF (NYSEARCA:PXE – Free Report) during the 4th quarter, Holdings Channel.com reports. The fund purchased 195,906 shares of the company’s stock, valued at approximately $5,476,000. Foundations Investment Advisors LLC owned approximately 0.08% of Invesco Energy Exploration & Production ETF at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Osaic Holdings Inc. increased its holdings in Invesco Energy Exploration & Production ETF by 9.7% in the 2nd quarter. Osaic Holdings Inc. now owns 10,039 shares of the company’s stock valued at $281,000 after buying an additional 891 shares during the period. Mraz Amerine & Associates Inc. grew its holdings in shares of Invesco Energy Exploration & Production ETF by 4.8% in the 4th quarter. Mraz Amerine & Associates Inc. now owns 55,902 shares of the company’s stock worth $1,562,000 after purchasing an additional 2,556 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of Invesco Energy Exploration & Production ETF by 14.7% in the 2nd quarter. Raymond James Financial Inc. now owns 35,441 shares of the company’s stock worth $992,000 after purchasing an additional 4,541 shares during the last quarter. BNP Paribas Financial Markets bought a new stake in shares of Invesco Energy Exploration & Production ETF in the 3rd quarter worth about $294,000. Finally, Susquehanna International Group LLP bought a new stake in shares of Invesco Energy Exploration & Production ETF in the 3rd quarter worth about $304,000.
Invesco Energy Exploration & Production ETF Stock Performance
PXE opened at $35.91 on Friday. The firm’s 50-day simple moving average is $37.30 and its 200-day simple moving average is $32.89. Invesco Energy Exploration & Production ETF has a twelve month low of $26.78 and a twelve month high of $40.74. The firm has a market cap of $119.58 million, a price-to-earnings 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.
See Also
- Five stocks we like better than Invesco Energy Exploration & Production ETF
- 3 Stocks Rallying on Micron’s Price Boost: Substance or Hype?
- Snowflake and the Snowballing Impact of its AI Flywheel
- AI’s Biggest Bottleneck Could Make These 2 Stocks Soar
- These 3 Beaten-Down Stocks Just Saw $25 Million in Insider Buying
Want to see what other hedge funds are holding PXE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Energy Exploration & Production ETF (NYSEARCA:PXE – Free Report).
Receive News & Ratings for Invesco Energy Exploration & Production ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Energy Exploration & Production ETF and related companies with MarketBeat.com's FREE daily email newsletter.
