Schmidt P J Investment Management Inc. Sells 484 Shares of Invesco Energy Exploration & Production ETF (NYSEARCA:PXE)

Schmidt P J Investment Management Inc. reduced its holdings in Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) by 2.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 20,582 shares of the company’s stock after selling 484 shares during the quarter. Schmidt P J Investment Management Inc. owned approximately 0.48% of Invesco Energy Exploration & Production ETF worth $610,000 as of its most recent SEC filing.

Other institutional investors and hedge funds 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 approximately $36,000. International Assets Investment Management LLC acquired a new position in Invesco Energy Exploration & Production ETF in the 2nd quarter valued at approximately $33,000. LRI Investments LLC acquired a new position in Invesco Energy Exploration & Production ETF in the 1st quarter valued at approximately $40,000. CWM LLC increased its position 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 during the period. Finally, National Wealth Management Group LLC acquired a new position in Invesco Energy Exploration & Production ETF in the 1st quarter valued at approximately $208,000.

Invesco Energy Exploration & Production ETF Stock Up 0.5 %

PXE opened at $29.99 on Friday. Invesco Energy Exploration & Production ETF has a twelve month low of $28.42 and a twelve month high of $37.48. The company has a fifty day moving average of $30.68 and a 200-day moving average of $32.61. The stock has a market cap of $127.76 million, a PE ratio of 5.39 and a beta of 0.70.

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.