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.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TMB Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 250 | $7,347.5 | $8,878.75 | $1,531.25 | 20.84% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 500 | $18,535.93 | $17,790 | -$745.93 | -4.02% |
Christian Keedy Guardian Wealth Advisors LLC / Nc | 177 | $6,938.4 | $6,351.64 | -$586.76 | -8.46% |
Craig Kurth PCG Wealth Advisors LLC | 11,930 | $350,622.7 | $428,108.05 | $77,485.35 | 22.1% |
| MS Missy Straw Nilsine Partners LLC | 40,498 | $1.59M | $1.48M | -$111,369.5 | -7.02% |
| ARCA Exchange | US Country |
The fund described is focused on investment in the energy sector, specifically in companies involved in the exploration and production of natural resources such as crude oil and natural gas. It allocates at least 90% of its total assets into securities that form the underlying index, which consists of common stocks from U.S. companies engaged in the critical stages of energy production. The fund's strategy is concentrated, investing in a segment of the market that plays a vital role in the energy supply chain, thereby not diversifying outside this sector. This focused approach targets investors seeking exposure to the energy exploration and production industry within the United States, leveraging the operational activities of companies extracting and producing energy from both land-based and offshore resources.
The primary product offered by the fund is an investment vehicle that grants exposure to the energy sector, specifically through:
This encompasses investment in common stocks of companies primarily engaged in the exploration, extraction, and production of crude oil and natural gas. These entities operate in critical areas of the energy sector, focusing on both land-based and offshore drilling operations. By investing in these companies, the fund aims to provide its investors with a focused opportunity to benefit from the energy market's dynamics, especially the segments involved in finding and producing energy resources.