Invesco Energy Exploration & Production ETF
PXE

$30.65

0.74%

Market Cap: $116M

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

50% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 14

3% less funds holding

Funds holding: 59 [Q1] → 57 (-2) [Q2]

12.79% less ownership

Funds ownership: 48.64% [Q1] → 35.85% (-12.79%) [Q2]

17% less capital invested

Capital invested by funds: $58.3M [Q1] → $48.4M (-$9.96M) [Q2]

22% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 9

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for PXE.

See Analyst Rankings

Financial journalist opinion

PXE: Investing In Oil And Gas Depends On Your Time Horizon

The Invesco Energy Exploration & Production ETF is a hold due to mixed factors impacting the oil and gas industry. PXE has underperformed compared to its peers over the past decade, but has outperformed the overall market in the past year. While oil and gas will remain dominant in the short term, renewable energy sources will eventually overtake them in the long term.

PXE: Investing In Oil And Gas Depends On Your Time Horizon

Zacks Investment Research

4 Reasons Why Oil & Energy ETFs Can Continue to Soar

Oil prices surged recently to their highest levels since October as investors closely monitored escalating geopolitical tensions in key regions. The improved demand outlook is another reason for which oil prices can go higher.

4 Reasons Why Oil & Energy ETFs Can Continue to Soar

Zacks Investment Research

5 Top ETFs of the Best-Performing Sector of March

Energy has been the best-performing sector of March, driven by a sharp rise in oil prices. We have highlighted the five best-performing ETFs from the sector that led the market last month.

5 Top ETFs of the Best-Performing Sector of March

Zacks Investment Research

Top-Ranked ETFs That Outperformed the Market in Q1

Wall Street wrapped up the first quarter with a big bang, driven by strong corporate profits, enthusiasm around AI and hopes that the Fed will cut rates.

Top-Ranked ETFs That Outperformed the Market in Q1

Zacks Investment Research

Top-Ranked Energy ETFs to Ride the Rebound in Oil Prices

Oil prices spiked last week, gaining 3% to near four-month high, buoyed by rising demand forecasts by the International Energy Agency, geopolitical tensions and domestic market dynamics.

Top-Ranked Energy ETFs to Ride the Rebound in Oil Prices

PXE: Oil And Gas ETF With Tailwinds

Invesco Energy Exploration & Production ETF is a passively managed fund that provides exposure to oil and gas companies. The oil and gas industry faces competing priorities, with demand recovering despite the push for low-carbon energy. PXE's allocation to firms across the market cap spectrum and the high rate of M&A activity in the industry make us like this fund.

PXE: Oil And Gas ETF With Tailwinds

How To Find The Best Sector ETFs 1Q24

With an ever-growing list of similar-sounding ETFs to choose from, finding the best is an increasingly difficult task. How can investors change the game to shift the odds in their favor?

How To Find The Best Sector ETFs 1Q24

Sector Ratings For ETFs And Mutual Funds: Q1 2024

Energy, Consumer Non-cyclicals, and Financials sectors earn an Attractive-or-better rating at the beginning of 1Q24. Investors should focus on sector funds in the Energy, Consumer Non-cyclicals, and Financials sectors for quality stocks.

Sector Ratings For ETFs And Mutual Funds: Q1 2024

Zacks Investment Research

Shipping & Energy ETFs Gaining From Red Sea Attack

Shipping and energy sectors are the biggest winners from the attack in Red Sea.

Shipping & Energy ETFs Gaining From Red Sea Attack

PXE: Targeted Exposure In Energy

Invesco Energy Exploration & Production ETF provides targeted exposure to the energy exploration and production sector. Top holdings of PXE include Valero Energy, Phillips 66, Marathon Petroleum, Diamondback Energy, and EOG Resources. Compared to other energy ETFs, PXE has outperformed in terms of returns over the past three years, but timing may be challenging.

PXE: Targeted Exposure In Energy

See News Rankings