Outlook Wealth Advisors LLC Increases Holdings in Invesco Oil & Gas Services ETF (NYSEARCA:PXJ)

Outlook Wealth Advisors LLC increased its stake in shares of Invesco Oil & Gas Services ETF (NYSEARCA:PXJ) by 6.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 33,611 shares of the company’s stock after buying an additional 1,924 shares during the quarter. Outlook Wealth Advisors LLC owned about 1.13% of Invesco Oil & Gas Services ETF worth $972,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in PXJ. Raymond James & Associates lifted its position in Invesco Oil & Gas Services ETF by 15.3% during the second quarter. Raymond James & Associates now owns 83,809 shares of the company’s stock worth $2,679,000 after buying an additional 11,135 shares in the last quarter. Nilsine Partners LLC lifted its position in Invesco Oil & Gas Services ETF by 2.5% during the second quarter. Nilsine Partners LLC now owns 41,962 shares of the company’s stock worth $1,341,000 after buying an additional 1,023 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. lifted its position in Invesco Oil & Gas Services ETF by 5.2% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 13,260 shares of the company’s stock worth $421,000 after buying an additional 650 shares in the last quarter.

Invesco Oil & Gas Services ETF Stock Performance

Shares of Invesco Oil & Gas Services ETF stock opened at $28.18 on Friday. Invesco Oil & Gas Services ETF has a one year low of $26.54 and a one year high of $34.01. The company has a market cap of $83.98 million, a price-to-earnings ratio of 124.34 and a beta of 0.72. The business’s 50 day moving average price is $29.43 and its 200 day moving average price is $30.98.

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.