PXE - Invesco Dynamic Energy Exploration & Production ETF
|Ex-Dividend Date||Mar 22, 2021|
|Trading Day||April 16|
|Day's Range||14.46 - 14.88|
|52-Week Range||6.80 - 16.42|
The investment seeks to track the investment results (before fees and expenses) of the Dynamic Energy Exploration & Production IntellidexSM Index. The fund invests at least 90% of its total assets in the securities that comprise the underlying intellidex. The intellidex was composed of common stocks of U.S. companies involved in the exploration and production of natural resources used to produce energy. These companies are engaged principally in exploration, extraction and production of crude oil and natural gas from land-based or offshore wells. The fund is non-diversified.
|Asset Class |
|Inception Date |
Oct 26, 2005
|Ticker Symbol |
|Index Tracked |
Dynamic Energy Exploration & Production Intellidex Index
Top 10 Holdings46.04% of assets
|Pioneer Natural Resources||PXD||5.04%|
|Mar 22, 2021||$0.031||Mar 31, 2021|
|Dec 21, 2020||$0.162||Dec 31, 2020|
|Sep 21, 2020||$0.121||Sep 30, 2020|
|Jun 22, 2020||$0.089||Jun 30, 2020|
|Mar 23, 2020||$0.044||Mar 31, 2020|
|Dec 23, 2019||$0.101||Dec 31, 2019|
While a clean energy mantra might seem to spell doom and gloom for the oil industry, certain oil sectors have been thriving to start 2021. One Invesco ETF has been particularly hot.
The S&P 500 Energy index has rallied 45% in the past few months. Five of the best-performing ETFs from Invesco have been in the energy sector.
Despite the rally, the outlook for the energy sector looks bleak given worries over the outlook for oil demand.
Oil prices nudged up on Monday, with Brent futures set to post a fifth straight monthly gain, as global stimulus measures underpin prices even as demand struggles to return to pre-COVID levels in a well...
Beaten-down energy stocks have shown signs of a recovery this week. Play for further upside with these three ETFs.
The OPEC and its allies including Russia are reportedly in discussion for deeper output cuts by another 500,000 barrels a day to stabilize the coronavirus-infected oil price.
Oil price jumped following an attack on the heart of Saudi Arabia's oil production facilities in Abqaiq and Khurais.