Invesco Oil & Gas Services ETF (NYSEARCA:PXJ) Shares Sold by Outlook Wealth Advisors LLC

Outlook Wealth Advisors LLC trimmed its position in shares of Invesco Oil & Gas Services ETF (NYSEARCA:PXJ) by 3.7% in the 4th quarter, Holdings Channel reports. The firm owned 32,361 shares of the company’s stock after selling 1,250 shares during the period. Outlook Wealth Advisors LLC’s holdings in Invesco Oil & Gas Services ETF were worth $902,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in PXJ. JPMorgan Chase & Co. acquired a new stake in Invesco Oil & Gas Services ETF during the third quarter worth about $269,000. Prospera Financial Services Inc lifted 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 valued at $378,000 after acquiring an additional 614 shares during the last quarter. Finally, Stifel Financial Corp lifted its holdings in Invesco Oil & Gas Services ETF by 1.3% in the third quarter. Stifel Financial Corp now owns 31,301 shares of the company’s stock valued at $905,000 after acquiring an additional 403 shares during the last quarter.

Invesco Oil & Gas Services ETF Stock Up 2.0 %

PXJ stock opened at $30.48 on Thursday. Invesco Oil & Gas Services ETF has a 52-week low of $26.39 and a 52-week high of $34.01. The stock has a market cap of $90.83 million, a price-to-earnings ratio of 124.34 and a beta of 0.72. The business has a fifty day moving average of $28.82 and a two-hundred day moving average of $29.67.

Invesco Oil & Gas Services ETF Company 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.