LPL Financial LLC Buys 242,282 Shares of Invesco Dynamic Oil & Gas Services ETF (NYSEARCA:PXJ)

LPL Financial LLC raised its stake in shares of Invesco Dynamic Oil & Gas Services ETF (NYSEARCA:PXJ – Get Rating) by 237.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 344,214 shares of the company’s stock after acquiring an additional 242,282 shares during the period. LPL Financial LLC’s holdings in Invesco Dynamic Oil & Gas Services ETF were worth $1,762,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of PXJ. Ausdal Financial Partners Inc. bought a new stake in shares of Invesco Dynamic Oil & Gas Services ETF during the 4th quarter worth $54,000. Envestnet Asset Management Inc. bought a new stake in shares of Invesco Dynamic Oil & Gas Services ETF during the 1st quarter worth $335,000. Private Advisor Group LLC bought a new stake in shares of Invesco Dynamic Oil & Gas Services ETF during the 1st quarter worth $294,000. First Republic Investment Management Inc. raised its stake in shares of Invesco Dynamic Oil & Gas Services ETF by 12.1% during the 2nd quarter. First Republic Investment Management Inc. now owns 68,850 shares of the company’s stock worth $262,000 after purchasing an additional 7,425 shares during the period. Finally, Goldman Sachs Group Inc. bought a new stake in shares of Invesco Dynamic Oil & Gas Services ETF during the 2nd quarter worth $102,000.

Invesco Dynamic Oil & Gas Services ETF Price Performance

NYSEARCA PXJ opened at $4.74 on Wednesday. The stock has a market capitalization of $88.73 million, a price-to-earnings ratio of -72.41 and a beta of 1.76. Invesco Dynamic Oil & Gas Services ETF has a one year low of $3.25 and a one year high of $5.98. The business’s fifty day moving average is $4.82 and its 200-day moving average is $5.11.

About Invesco Dynamic Oil & Gas Services ETF

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The Invesco Dynamic Oil & Gas Services ETF (PXJ) is an exchange-traded fund that mostly invests in energy equity. The fund tracks an index of US companies in the oil and gas services sector that are weighted in tiers. The index uses a multi-factor methodology to select holdings. PXJ was launched on Oct 26, 2005 and is managed by Invesco.