Raymond James & Associates Purchases 8,739 Shares of Invesco Dynamic Energy Exploration & Production ETF (NYSEARCA:PXE)

Raymond James & Associates lifted its stake in Invesco Dynamic Energy Exploration & Production ETF (NYSEARCA:PXE – Get Rating) by 6.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 149,310 shares of the company’s stock after buying an additional 8,739 shares during the period. Raymond James & Associates owned about 1.49% of Invesco Dynamic Energy Exploration & Production ETF worth $4,417,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Captrust Financial Advisors bought a new stake in Invesco Dynamic Energy Exploration & Production ETF during the first quarter worth about $70,000. Simplex Trading LLC raised its stake in Invesco Dynamic Energy Exploration & Production ETF by 34.4% in the third quarter. Simplex Trading LLC now owns 3,850 shares of the company’s stock valued at $106,000 after buying an additional 986 shares during the period. Schmidt P J Investment Management Inc. bought a new stake in Invesco Dynamic Energy Exploration & Production ETF in the fourth quarter valued at approximately $217,000. RFG Advisory LLC bought a new stake in Invesco Dynamic Energy Exploration & Production ETF in the third quarter valued at approximately $328,000. Finally, Brookstone Capital Management raised its stake in Invesco Dynamic Energy Exploration & Production ETF by 27.1% in the fourth quarter. Brookstone Capital Management now owns 9,496 shares of the company’s stock valued at $273,000 after buying an additional 2,025 shares during the period.

Invesco Dynamic Energy Exploration & Production ETF Trading Up 0.4 %

Invesco Dynamic Energy Exploration & Production ETF stock opened at $26.32 on Wednesday. Invesco Dynamic Energy Exploration & Production ETF has a 12 month low of $23.16 and a 12 month high of $36.69. The stock’s 50 day moving average is $26.29 and its 200-day moving average is $28.92. The company has a market capitalization of $160.28 million, a price-to-earnings ratio of 6.76 and a beta of 1.83.

About Invesco Dynamic Energy Exploration & Production ETF

(Get Rating)

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.