Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lowered its holdings in shares of Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) by 35.5% in the fourth quarter, Holdings Channel reports. The firm owned 20,332 shares of the company’s stock after selling 11,198 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Invesco Energy Exploration & Production ETF were worth $602,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in shares of Invesco Energy Exploration & Production ETF in the 4th quarter valued at approximately $1,490,000. Steward Partners Investment Advisory LLC grew its position in Invesco Energy Exploration & Production ETF by 149.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 969 shares of the company’s stock valued at $29,000 after buying an additional 581 shares during the last quarter. Global Retirement Partners LLC raised its position in Invesco Energy Exploration & Production ETF by 21.3% during the 4th quarter. Global Retirement Partners LLC now owns 18,126 shares of the company’s stock worth $537,000 after buying an additional 3,179 shares during the last quarter. Mraz Amerine & Associates Inc. lifted its stake in shares of Invesco Energy Exploration & Production ETF by 33.0% in the 4th quarter. Mraz Amerine & Associates Inc. now owns 37,542 shares of the company’s stock worth $1,111,000 after acquiring an additional 9,314 shares during the period. Finally, Schmidt P J Investment Management Inc. boosted its holdings in shares of Invesco Energy Exploration & Production ETF by 1.6% in the fourth quarter. Schmidt P J Investment Management Inc. now owns 20,921 shares of the company’s stock valued at $619,000 after acquiring an additional 339 shares in the last quarter.

Invesco Energy Exploration & Production ETF Stock Down 10.9 %

NYSEARCA PXE opened at $23.67 on Friday. The stock has a market capitalization of $70.30 million, a P/E ratio of 11.41 and a beta of 1.32. Invesco Energy Exploration & Production ETF has a 52-week low of $23.46 and a 52-week high of $37.48. The firm has a 50-day moving average price of $29.26 and a 200 day moving average price of $30.12.

Invesco Energy Exploration & Production ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a $0.193 dividend. This is a boost from Invesco Energy Exploration & Production ETF’s previous dividend of $0.18. The ex-dividend date was Monday, March 24th.

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.