Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) Stake Cut by Global Retirement Partners LLC

Global Retirement Partners LLC cut its position in shares of Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) by 50.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,947 shares of the company’s stock after selling 15,432 shares during the quarter. Global Retirement Partners LLC owned 0.35% of Invesco Energy Exploration & Production ETF worth $443,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. MRA Advisory Group bought a new stake in Invesco Energy Exploration & Production ETF in the third quarter valued at $2,916,000. Commonwealth Equity Services LLC lifted its stake in Invesco Energy Exploration & Production ETF by 150.8% in the first quarter. Commonwealth Equity Services LLC now owns 147,998 shares of the company’s stock valued at $5,298,000 after buying an additional 88,990 shares during the last quarter. PCG Wealth Advisors LLC lifted its stake in Invesco Energy Exploration & Production ETF by 93.8% in the second quarter. PCG Wealth Advisors LLC now owns 34,628 shares of the company’s stock valued at $1,145,000 after buying an additional 16,757 shares during the last quarter. Gentry Private Wealth LLC acquired a new position in shares of Invesco Energy Exploration & Production ETF during the second quarter valued at $462,000. Finally, Financial Partners Group Inc acquired a new position in shares of Invesco Energy Exploration & Production ETF during the second quarter valued at $294,000.

Invesco Energy Exploration & Production ETF Stock Performance

Shares of PXE opened at $30.11 on Tuesday. The firm has a market capitalization of $128.27 million, a price-to-earnings ratio of 5.39 and a beta of 0.70. Invesco Energy Exploration & Production ETF has a one year low of $28.42 and a one year high of $37.48. The stock’s fifty day moving average is $30.78 and its 200-day moving average is $32.70.

About Invesco Energy Exploration & Production ETF

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.