Schmidt P J Investment Management Inc. Raises Stake in Invesco Energy Exploration & Production ETF (NYSEARCA:PXE)

Schmidt P J Investment Management Inc. lifted its stake in shares of Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) by 1.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 20,921 shares of the company’s stock after acquiring an additional 339 shares during the period. Schmidt P J Investment Management Inc. owned 0.49% of Invesco Energy Exploration & Production ETF worth $619,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of PXE. JPMorgan Chase & Co. purchased a new position in Invesco Energy Exploration & Production ETF during the third quarter worth about $71,000. Comprehensive Wealth Management LLC acquired a new stake in shares of Invesco Energy Exploration & Production ETF during the 3rd quarter worth approximately $592,000. Brookstone Capital Management raised its position in shares of Invesco Energy Exploration & Production ETF by 17.6% during the 3rd quarter. Brookstone Capital Management now owns 24,650 shares of the company’s stock valued at $731,000 after buying an additional 3,682 shares during the period. Mraz Amerine & Associates Inc. lifted its holdings in 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 during the last quarter. Finally, Private Advisor Group LLC grew its position in 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 worth $1,312,000 after acquiring an additional 1,753 shares during the period.

Invesco Energy Exploration & Production ETF Stock Down 0.5 %

NYSEARCA:PXE opened at $30.48 on Thursday. Invesco Energy Exploration & Production ETF has a 52 week low of $27.91 and a 52 week high of $37.48. The stock’s fifty day moving average is $30.54 and its two-hundred day moving average is $30.82. The company has a market capitalization of $129.84 million, a P/E ratio of 5.39 and a beta of 0.70.

About Invesco Energy Exploration & Production ETF

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.