Raymond James Financial Services Advisors Inc. Has $230,000 Stake in Invesco Energy Exploration & Production ETF (NYSEARCA:PXE)

Raymond James Financial Services Advisors Inc. cut its stake in shares of Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) by 19.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,453 shares of the company’s stock after selling 1,808 shares during the quarter. Raymond James Financial Services Advisors Inc. owned approximately 0.14% of Invesco Energy Exploration & Production ETF worth $230,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. UBS Group AG increased its position in shares of Invesco Energy Exploration & Production ETF by 243.5% during the third quarter. UBS Group AG now owns 194,545 shares of the company’s stock worth $6,325,000 after buying an additional 137,901 shares during the period. LPL Financial LLC raised its position in shares of Invesco Energy Exploration & Production ETF by 16.5% in the 3rd quarter. LPL Financial LLC now owns 183,496 shares of the company’s stock worth $5,965,000 after acquiring an additional 25,996 shares in the last quarter. SMI Advisory Services LLC bought a new position in shares of Invesco Energy Exploration & Production ETF in the 3rd quarter worth about $3,732,000. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Invesco Energy Exploration & Production ETF by 303.1% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 32,450 shares of the company’s stock valued at $1,055,000 after purchasing an additional 24,400 shares during the period. Finally, Essex Financial Services Inc. boosted its position in shares of Invesco Energy Exploration & Production ETF by 3.0% during the 3rd quarter. Essex Financial Services Inc. now owns 29,055 shares of the company’s stock valued at $945,000 after purchasing an additional 833 shares in the last quarter.

Invesco Energy Exploration & Production ETF Price Performance

NYSEARCA PXE opened at $35.77 on Wednesday. The stock has a market capitalization of $148.78 million, a P/E ratio of 5.75 and a beta of 0.73. The business has a 50 day simple moving average of $34.22 and a 200 day simple moving average of $32.19. Invesco Energy Exploration & Production ETF has a one year low of $24.26 and a one year 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.