NewEdge Advisors LLC Grows Position in Invesco Energy Exploration & Production ETF (NYSEARCA:PXE)

NewEdge Advisors LLC boosted its stake in Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) by 9.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 25,603 shares of the company’s stock after acquiring an additional 2,235 shares during the period. NewEdge Advisors LLC’s holdings in Invesco Energy Exploration & Production ETF were worth $758,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Steward Partners Investment Advisory LLC raised its stake in shares of Invesco Energy Exploration & Production ETF by 149.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 969 shares of the company’s stock valued at $29,000 after acquiring an additional 581 shares during the period. JPMorgan Chase & Co. purchased a new stake in Invesco Energy Exploration & Production ETF in the third quarter valued at approximately $71,000. Global Retirement Partners LLC lifted its stake in Invesco Energy Exploration & Production ETF by 21.3% during the fourth quarter. Global Retirement Partners LLC now owns 18,126 shares of the company’s stock worth $537,000 after purchasing an additional 3,179 shares in the last quarter. Schmidt P J Investment Management Inc. boosted its position in shares of Invesco Energy Exploration & Production ETF by 1.6% during the fourth quarter. Schmidt P J Investment Management Inc. now owns 20,921 shares of the company’s stock worth $619,000 after buying an additional 339 shares during the period. Finally, Mraz Amerine & Associates Inc. grew its stake in shares of Invesco Energy Exploration & Production ETF by 33.0% in the fourth quarter. Mraz Amerine & Associates Inc. now owns 37,542 shares of the company’s stock valued at $1,111,000 after buying an additional 9,314 shares in the last quarter.

Invesco Energy Exploration & Production ETF Trading Up 0.5 %

PXE opened at $25.14 on Friday. The firm has a market cap of $73.16 million, a price-to-earnings ratio of 9.19 and a beta of 1.32. The stock’s 50-day moving average price is $27.16 and its 200 day moving average price is $29.38. Invesco Energy Exploration & Production ETF has a 12-month low of $22.19 and a 12-month high of $36.12.

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.