What does Invesco Dynamic Oil & Gas Services ETF do?
Invesco Dynamic Oil & Gas Services ETF (NYSE:PXJ) is a niche exchange-traded fund focusing on the energy sector, specifically targeting investments in the oil and gas services industry. The fund aims to track the performance of companies providing services and equipment for oilfields and offshore platforms, including drilling, exploration, production, and logistics services. Its objective is to offer investors a dynamic approach to capitalizing on the energy sector's cyclical and structural changes by investing in a mix of large, mid, and small-cap companies. Operating under the Invesco brand, a global investment management firm, this ETF leverages Invesco's extensive research and strategic insights into the energy market to select companies with the potential for growth and competitive returns. With a strategic focus on innovation and sector dynamics, Invesco Dynamic Oil & Gas Services ETF strives to provide investors with a diversified portfolio within the evolving energy landscape.