Commonwealth Equity Services LLC Sells 114,645 Shares of Invesco Energy Exploration & Production ETF (NYSEARCA:PXE)

Commonwealth Equity Services LLC decreased its holdings in shares of Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) by 77.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,353 shares of the company’s stock after selling 114,645 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.78% of Invesco Energy Exploration & Production ETF worth $1,103,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mather Group LLC. acquired a new position in Invesco Energy Exploration & Production ETF in the 2nd quarter valued at $36,000. International Assets Investment Management LLC acquired a new position in shares of Invesco Energy Exploration & Production ETF during the 2nd quarter worth approximately $33,000. LRI Investments LLC acquired a new stake in Invesco Energy Exploration & Production ETF during the first quarter worth approximately $40,000. Pineridge Advisors LLC bought a new position in Invesco Energy Exploration & Production ETF during the 4th quarter worth $39,000. Finally, CWM LLC raised its holdings in Invesco Energy Exploration & Production ETF by 1,980.8% in the 2nd quarter. CWM LLC now owns 1,519 shares of the company’s stock valued at $50,000 after acquiring an additional 1,446 shares in the last quarter.

Invesco Energy Exploration & Production ETF Trading Up 1.1 %

NYSEARCA PXE opened at $29.69 on Tuesday. Invesco Energy Exploration & Production ETF has a 1 year low of $28.42 and a 1 year high of $37.48. The firm has a market capitalization of $126.48 million, a price-to-earnings ratio of 5.39 and a beta of 0.70. The firm’s 50 day simple moving average is $31.73 and its 200 day simple moving average is $33.37.

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.