Outlook Wealth Advisors LLC Sells 1,250 Shares of Invesco Oil & Gas Services ETF (NYSEARCA:PXJ)

Outlook Wealth Advisors LLC lowered its position in shares of Invesco Oil & Gas Services ETF (NYSEARCA:PXJ) by 3.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,361 shares of the company’s stock after selling 1,250 shares during the quarter. Outlook Wealth Advisors LLC owned 1.09% of Invesco Oil & Gas Services ETF worth $902,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. purchased a new position in shares of Invesco Oil & Gas Services ETF during the 3rd quarter valued at $269,000. Prospera Financial Services Inc grew its position in shares of Invesco Oil & Gas Services ETF by 4.9% during the third quarter. Prospera Financial Services Inc now owns 13,094 shares of the company’s stock worth $378,000 after purchasing an additional 614 shares in the last quarter. Finally, Stifel Financial Corp lifted its holdings in Invesco Oil & Gas Services ETF by 1.3% in the 3rd quarter. Stifel Financial Corp now owns 31,301 shares of the company’s stock worth $905,000 after purchasing an additional 403 shares in the last quarter.

Invesco Oil & Gas Services ETF Stock Performance

Shares of NYSEARCA:PXJ opened at $30.48 on Thursday. Invesco Oil & Gas Services ETF has a fifty-two week low of $26.39 and a fifty-two week high of $34.01. The firm has a fifty day moving average price of $28.82 and a 200 day moving average price of $29.67. The firm has a market cap of $90.83 million, a price-to-earnings ratio of 124.34 and a beta of 0.72.

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.