Pineridge Advisors LLC Takes $39,000 Position in Invesco Energy Exploration & Production ETF (NYSEARCA:PXE)

Pineridge Advisors LLC bought a new stake in shares of Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) during the fourth quarter, Holdings Channel reports. The fund bought 1,257 shares of the company’s stock, valued at approximately $39,000.

A number of other large investors also recently bought and sold shares of the business. Janney Montgomery Scott LLC boosted its holdings in shares of Invesco Energy Exploration & Production ETF by 11.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 19,846 shares of the company’s stock valued at $613,000 after buying an additional 2,079 shares in the last quarter. Private Advisor Group LLC grew its position in Invesco Energy Exploration & Production ETF by 25.7% during the 4th quarter. Private Advisor Group LLC now owns 33,470 shares of the company’s stock worth $1,034,000 after purchasing an additional 6,841 shares during the last quarter. International Assets Investment Management LLC acquired a new position in Invesco Energy Exploration & Production ETF during the 4th quarter valued at approximately $1,000,000. Brookstone Capital Management raised its holdings in shares of Invesco Energy Exploration & Production ETF by 32.5% in the fourth quarter. Brookstone Capital Management now owns 10,757 shares of the company’s stock worth $332,000 after buying an additional 2,638 shares during the last quarter. Finally, GoalVest Advisory LLC lifted its stake in shares of Invesco Energy Exploration & Production ETF by 34.7% during the fourth quarter. GoalVest Advisory LLC now owns 13,952 shares of the company’s stock worth $431,000 after buying an additional 3,591 shares during the period.

Invesco Energy Exploration & Production ETF Stock Down 1.4 %

Shares of PXE traded down $0.47 during trading hours on Friday, reaching $32.21. 11,416 shares of the company traded hands, compared to its average volume of 39,031. The stock has a market capitalization of $137.21 million, a P/E ratio of 5.39 and a beta of 0.70. The business has a fifty day moving average price of $34.56 and a 200-day moving average price of $32.73. Invesco Energy Exploration & Production ETF has a 12-month low of $25.88 and a 12-month high of $37.48.

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.