PCG Wealth Advisors LLC Lowers Stock Holdings in Invesco Energy Exploration & Production ETF (NYSEARCA:PXE)

PCG Wealth Advisors LLC reduced its position in shares of Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) by 38.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,854 shares of the company’s stock after selling 12,384 shares during the period. PCG Wealth Advisors LLC owned about 0.47% of Invesco Energy Exploration & Production ETF worth $588,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. purchased a new position in shares of Invesco Energy Exploration & Production ETF during the third quarter worth $71,000. Comprehensive Wealth Management LLC acquired a new stake in shares of Invesco Energy Exploration & Production ETF in the third quarter valued at $592,000. One Plus One Wealth Management LLC raised its stake in shares of Invesco Energy Exploration & Production ETF by 8.3% in the third quarter. One Plus One Wealth Management LLC now owns 141,796 shares of the company’s stock valued at $4,204,000 after acquiring an additional 10,909 shares in the last quarter. Mraz Amerine & Associates Inc. raised its stake in shares of Invesco Energy Exploration & Production ETF by 33.5% in the third quarter. Mraz Amerine & Associates Inc. now owns 28,228 shares of the company’s stock valued at $837,000 after acquiring an additional 7,090 shares in the last quarter. Finally, Private Advisor Group LLC raised its stake in shares of Invesco Energy Exploration & Production ETF by 4.1% in the third quarter. Private Advisor Group LLC now owns 44,266 shares of the company’s stock valued at $1,312,000 after acquiring an additional 1,753 shares in the last quarter.

Invesco Energy Exploration & Production ETF Trading Down 1.4 %

Shares of NYSEARCA PXE opened at $31.41 on Friday. The stock has a market cap of $133.81 million, a P/E ratio of 5.39 and a beta of 0.70. Invesco Energy Exploration & Production ETF has a 12-month low of $27.91 and a 12-month high of $37.48. The business’s fifty day simple moving average is $30.77 and its 200-day simple moving average is $30.98.

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.