Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) Shares Sold by MGB Wealth Management LLC

MGB Wealth Management LLC lessened its stake in shares of Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) by 2.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,211 shares of the company’s stock after selling 499 shares during the quarter. MGB Wealth Management LLC owned about 0.43% of Invesco Energy Exploration & Production ETF worth $540,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Comprehensive Wealth Management LLC acquired a new position in shares of Invesco Energy Exploration & Production ETF during the third quarter valued at approximately $592,000. One Plus One Wealth Management LLC boosted its holdings in Invesco Energy Exploration & Production ETF by 8.3% during the third quarter. One Plus One Wealth Management LLC now owns 141,796 shares of the company’s stock worth $4,204,000 after buying an additional 10,909 shares in the last quarter. Mraz Amerine & Associates Inc. boosted its holdings in Invesco Energy Exploration & Production ETF by 33.5% during the third quarter. Mraz Amerine & Associates Inc. now owns 28,228 shares of the company’s stock worth $837,000 after buying an additional 7,090 shares in the last quarter. Private Advisor Group LLC boosted its holdings in Invesco Energy Exploration & Production ETF by 4.1% during the third quarter. Private Advisor Group LLC now owns 44,266 shares of the company’s stock worth $1,312,000 after buying an additional 1,753 shares in the last quarter. Finally, Brookstone Capital Management boosted its holdings in Invesco Energy Exploration & Production ETF by 17.6% during the third quarter. Brookstone Capital Management now owns 24,650 shares of the company’s stock worth $731,000 after buying an additional 3,682 shares in the last quarter.

Invesco Energy Exploration & Production ETF Stock Performance

Shares of NYSEARCA:PXE opened at $32.70 on Friday. The stock has a market capitalization of $139.30 million, a price-to-earnings ratio of 5.39 and a beta of 0.70. Invesco Energy Exploration & Production ETF has a 1-year low of $28.27 and a 1-year high of $37.48. The company has a 50 day moving average price of $30.53 and a 200 day moving average price of $31.88.

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.