Invesco Dynamic Energy Exploration & Production ETF (PXE) Shares Sold by Financial Management Professionals Inc.

Financial Management Professionals Inc. decreased its stake in Invesco Dynamic Energy Exploration & Production ETF (NYSEARCA:PXE) by 69.5% in the second quarter, HoldingsChannel reports. The institutional investor owned 46,705 shares of the company’s stock after selling 106,597 shares during the quarter. Invesco Dynamic Energy Exploration & Production ETF makes up approximately 0.5% of Financial Management Professionals Inc.’s holdings, making the stock its 23rd largest position. Financial Management Professionals Inc.’s holdings in Invesco Dynamic Energy Exploration & Production ETF were worth $1,266,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in PXE. Jane Street Group LLC raised its holdings in shares of Invesco Dynamic Energy Exploration & Production ETF by 63.1% during the 1st quarter. Jane Street Group LLC now owns 41,295 shares of the company’s stock valued at $875,000 after purchasing an additional 15,977 shares in the last quarter. Fisher Asset Management LLC bought a new position in shares of Invesco Dynamic Energy Exploration & Production ETF during the 1st quarter valued at $5,534,000. Wells Fargo & Company MN raised its holdings in shares of Invesco Dynamic Energy Exploration & Production ETF by 58.7% during the 1st quarter. Wells Fargo & Company MN now owns 17,055 shares of the company’s stock valued at $362,000 after purchasing an additional 6,306 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in shares of Invesco Dynamic Energy Exploration & Production ETF by 13.8% during the 4th quarter. LPL Financial LLC now owns 22,571 shares of the company’s stock valued at $517,000 after purchasing an additional 2,743 shares in the last quarter.

Invesco Dynamic Energy Exploration & Production ETF stock opened at $26.70 on Thursday. Invesco Dynamic Energy Exploration & Production ETF has a 1-year low of $17.35 and a 1-year high of $28.20.

About Invesco Dynamic 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.

Featured Story: What is the Book Value of a Share?

Want to see what other hedge funds are holding PXE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Dynamic Energy Exploration & Production ETF (NYSEARCA:PXE).

Institutional Ownership by Quarter for Invesco Dynamic Energy Exploration & Production ETF (NYSEARCA:PXE)

Receive News & Ratings for Invesco Dynamic Energy Exploration & Production ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Dynamic Energy Exploration & Production ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply