Private Advisor Group LLC Increases Position in Invesco Energy Exploration & Production ETF (NYSEARCA:PXE)

Private Advisor Group LLC grew its position in shares of Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) by 17.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 42,513 shares of the company’s stock after purchasing an additional 6,303 shares during the period. Private Advisor Group LLC owned about 1.00% of Invesco Energy Exploration & Production ETF worth $1,406,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PXE. Commonwealth Equity Services LLC lifted its position in Invesco Energy Exploration & Production ETF by 150.8% in the 1st quarter. Commonwealth Equity Services LLC now owns 147,998 shares of the company’s stock worth $5,298,000 after buying an additional 88,990 shares during the last quarter. PCG Wealth Advisors LLC lifted its holdings in shares of Invesco Energy Exploration & Production ETF by 93.8% in the 2nd quarter. PCG Wealth Advisors LLC now owns 34,628 shares of the company’s stock worth $1,145,000 after acquiring an additional 16,757 shares during the last quarter. Financial Partners Group Inc purchased a new stake in shares of Invesco Energy Exploration & Production ETF in the 2nd quarter valued at $294,000. Brookstone Capital Management grew its holdings in shares of Invesco Energy Exploration & Production ETF by 54.3% during the 2nd quarter. Brookstone Capital Management now owns 20,968 shares of the company’s stock valued at $708,000 after purchasing an additional 7,376 shares during the last quarter. Finally, Mraz Amerine & Associates Inc. raised its position in Invesco Energy Exploration & Production ETF by 39.7% in the 2nd quarter. Mraz Amerine & Associates Inc. now owns 21,138 shares of the company’s stock worth $699,000 after purchasing an additional 6,007 shares during the period.

Invesco Energy Exploration & Production ETF Stock Up 1.2 %

Invesco Energy Exploration & Production ETF stock opened at $29.38 on Friday. The firm has a fifty day simple moving average of $31.79 and a two-hundred day simple moving average of $33.38. Invesco Energy Exploration & Production ETF has a twelve month low of $28.42 and a twelve month high of $37.48. The company has a market capitalization of $125.16 million, a PE ratio of 5.39 and a beta of 0.70.

Invesco Energy Exploration & Production ETF 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.