Invesco Energy Exploration & Production ETF (NYSEARCA:PXE – Get Free Report) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 10,835 shares, a decline of 44.6% from the August 31st total of 19,542 shares. Based on an average daily volume of 20,307 shares, the short-interest ratio is presently 0.5 days. Currently, 0.5% of the company’s stock are sold short.
Invesco Energy Exploration & Production ETF Price Performance
Invesco Energy Exploration & Production ETF stock traded up $0.18 during trading hours on Wednesday, reaching $39.39. The stock had a trading volume of 115,243 shares, compared to its average volume of 55,981. The company has a market cap of $85.08 million, a price-to-earnings ratio of 10.78 and a beta of 0.50. The business’s 50 day moving average price is $40.00 and its 200-day moving average price is $37.67. Invesco Energy Exploration & Production ETF has a 52 week low of $27.21 and a 52 week high of $44.01.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its position in Invesco Energy Exploration & Production ETF by 15.0% during the second quarter. Envestnet Asset Management Inc. now owns 8,233 shares of the company’s stock valued at $279,000 after acquiring an additional 1,074 shares during the last quarter. Western Wealth Management LLC purchased a new position in Invesco Energy Exploration & Production ETF in the first quarter worth $50,000. Mraz Amerine & Associates Inc. increased its position in shares of Invesco Energy Exploration & Production ETF by 6.1% during the second quarter. Mraz Amerine & Associates Inc. now owns 60,488 shares of the company’s stock worth $2,049,000 after purchasing an additional 3,453 shares in the last quarter. Sunbelt Securities Inc. acquired a new position in shares of Invesco Energy Exploration & Production ETF during the first quarter worth $182,000. Finally, Private Advisor Group LLC acquired a new position in shares of Invesco Energy Exploration & Production ETF during the first quarter worth $233,000.
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
- Deutsche Bank Makes a Contrarian Call on Netflix—What Does It Mean for Investors?
- O’Reilly Automotive’s Stock Slump Hides a Stronger Business
- McDonald’s Stock Slump Makes Its AI Pricing Bet Even Riskier
- Broadcom’s AI Growth Story Faces a $161 Billion Anthropic Test
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.
