Envestnet Asset Management Inc. Acquires 8,286 Shares of Invesco Dynamic Energy Exploration & Production ETF (NYSEARCA:PXE)

Envestnet Asset Management Inc. raised its holdings in Invesco Dynamic Energy Exploration & Production ETF (NYSEARCA:PXE – Get Rating) by 32.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,690 shares of the company’s stock after acquiring an additional 8,286 shares during the period. Envestnet Asset Management Inc. owned about 0.34% of Invesco Dynamic Energy Exploration & Production ETF worth $997,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PXE. Captrust Financial Advisors bought a new stake in shares of Invesco Dynamic Energy Exploration & Production ETF during the first quarter worth about $70,000. Simplex Trading LLC lifted its stake in shares of 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 worth $106,000 after acquiring an additional 986 shares during the period. Schmidt P J Investment Management Inc. acquired a new position in shares of Invesco Dynamic Energy Exploration & Production ETF in the fourth quarter worth approximately $217,000. RFG Advisory LLC acquired a new position in shares of Invesco Dynamic Energy Exploration & Production ETF in the third quarter worth approximately $328,000. Finally, Brookstone Capital Management lifted its stake in shares of 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 worth $273,000 after acquiring an additional 2,025 shares during the period.

Invesco Dynamic Energy Exploration & Production ETF Price Performance

Invesco Dynamic Energy Exploration & Production ETF stock opened at $25.83 on Friday. The stock’s 50 day moving average is $26.32 and its 200 day moving average is $28.83. The firm has a market cap of $157.32 million, a P/E ratio of 6.76 and a beta of 1.83. Invesco Dynamic Energy Exploration & Production ETF has a one year low of $23.16 and a one year high of $36.69.

About Invesco Dynamic Energy Exploration & Production ETF

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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.