Clal Insurance Enterprises Holdings Ltd Makes New $1.18 Million Investment in Invesco Energy Exploration & Production ETF $PXE

Clal Insurance Enterprises Holdings Ltd bought a new position in shares of Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 30,000 shares of the company’s stock, valued at approximately $1,176,000. Clal Insurance Enterprises Holdings Ltd owned approximately 0.90% of Invesco Energy Exploration & Production ETF as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of PXE. Foundations Investment Advisors LLC acquired a new position in Invesco Energy Exploration & Production ETF during the fourth quarter worth about $5,476,000. Commonwealth Equity Services LLC raised its holdings in Invesco Energy Exploration & Production ETF by 2,201.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 202,564 shares of the company’s stock valued at $5,662,000 after acquiring an additional 193,763 shares during the last quarter. PCG Wealth Advisors LLC purchased a new position in Invesco Energy Exploration & Production ETF in the 3rd quarter worth approximately $398,000. IHT Wealth Management LLC purchased a new position in Invesco Energy Exploration & Production ETF in the 4th quarter worth approximately $368,000. Finally, Susquehanna International Group LLP acquired a new position in shares of Invesco Energy Exploration & Production ETF during the 3rd quarter worth approximately $304,000.

Invesco Energy Exploration & Production ETF Price Performance

PXE stock opened at $37.67 on Wednesday. The business has a 50 day simple moving average of $35.71 and a 200-day simple moving average of $34.51. The firm has a market capitalization of $85.89 million, a PE ratio of 10.78 and a beta of 0.48. Invesco Energy Exploration & Production ETF has a 1 year low of $27.21 and a 1 year high of $40.74.

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. Securities shown to possess the greatest capital appreciation potential are selected by the Index. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.