Stifel Financial Corp Boosts Stake in Invesco Oil & Gas Services ETF (NYSEARCA:PXJ)

Stifel Financial Corp increased its holdings in shares of Invesco Oil & Gas Services ETF (NYSEARCA:PXJ) by 1.3% in the third quarter, Holdings Channel reports. The firm owned 31,301 shares of the company’s stock after acquiring an additional 403 shares during the period. Stifel Financial Corp’s holdings in Invesco Oil & Gas Services ETF were worth $905,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Raymond James & Associates grew its position in Invesco Oil & Gas Services ETF by 15.3% in 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 in the last quarter. Nilsine Partners LLC grew its holdings in 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 valued at $1,341,000 after purchasing an additional 1,023 shares in the last quarter. Outlook Wealth Advisors LLC increased its holdings in 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 purchasing an additional 1,924 shares during the last quarter. Finally, Prospera Financial Services Inc boosted its stake in shares of Invesco Oil & Gas Services ETF by 4.9% during the 3rd quarter. Prospera Financial Services Inc now owns 13,094 shares of the company’s stock valued at $378,000 after buying an additional 614 shares during the last quarter.

Invesco Oil & Gas Services ETF Price Performance

PXJ opened at $27.18 on Wednesday. The stock has a market capitalization of $81.00 million, a PE 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. The firm’s fifty day moving average price is $28.71 and its 200 day moving average price is $29.99.

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.