Stifel Financial Corp Increases Position in Invesco Oil & Gas Services ETF (NYSEARCA:PXJ)

Stifel Financial Corp increased its stake in shares of Invesco Oil & Gas Services ETF (NYSEARCA:PXJ) by 1.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,301 shares of the company’s stock after purchasing an additional 403 shares during the quarter. Stifel Financial Corp owned approximately 1.05% of Invesco Oil & Gas Services ETF worth $905,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Prospera Financial Services Inc raised its holdings in Invesco Oil & Gas Services ETF by 4.9% in the third quarter. Prospera Financial Services Inc now owns 13,094 shares of the company’s stock worth $378,000 after purchasing an additional 614 shares in the last quarter. Outlook Wealth Advisors LLC raised its stake in shares of Invesco Oil & Gas Services ETF by 6.1% during the 3rd quarter. Outlook Wealth Advisors LLC now owns 33,611 shares of the company’s stock worth $972,000 after acquiring an additional 1,924 shares in the last quarter. Nilsine Partners LLC raised its stake in shares of Invesco Oil & Gas Services ETF by 2.5% during the 2nd quarter. Nilsine Partners LLC now owns 41,962 shares of the company’s stock worth $1,341,000 after acquiring an additional 1,023 shares in the last quarter. Finally, Raymond James & Associates lifted its position in Invesco Oil & Gas Services ETF by 15.3% during the second quarter. Raymond James & Associates now owns 83,809 shares of the company’s stock valued at $2,679,000 after acquiring an additional 11,135 shares during the last quarter.

Invesco Oil & Gas Services ETF Trading Up 1.3 %

NYSEARCA PXJ opened at $27.18 on Wednesday. The firm’s fifty day simple moving average is $28.71 and its two-hundred day simple moving average is $29.99. The firm has a market capitalization of $81.00 million, a P/E ratio of 124.34 and a beta of 0.72. Invesco Oil & Gas Services ETF has a 12-month low of $26.39 and a 12-month high of $34.01.

Invesco Oil & Gas Services ETF Profile

The Invesco Dynamic Oil & Gas Services ETF (PXJ) is an exchange-traded fund that mostly invests in energy equity. The fund tracks an index of US companies in the oil and gas services sector that are weighted in tiers. The index uses a multi-factor methodology to select holdings. PXJ was launched on Oct 26, 2005 and is managed by Invesco.