Accumulated Some More Energy Equities Today (PXI)

We are still accumulating Energy Equities. Today we accumulated some more shares of the PowerShares DWA Energy Momentum Portfolio (PXI : $PXI). Folks, you gotta buy this stuff when it’s on sale. I wrote about investing in Energy ETFs back in February 2017 right here: Discovering Value in the Top 3 Energy ETF’s. More specifically, I wrote about the PXI ETF right here: Looking Under the Hood of the PowerShares DWA Energy Momentum Portfolio ETF (PXI) $PXI

Still Accumulating Energy Equities (PXI)

We still don’t have a bottom in oil or oil related equities. So, we are back into accumulation mode of Energy Equities. Today we accumulated some more shares of the PowerShares DWA Energy Momentum Portfolio (PXI : $PXI). You gotta buy this stuff when it’s on sale folks. I wrote about investing in Energy ETFs back in February 2017 right here: Discovering Value in the Top 3 Energy ETF’s. More specifically, I wrote about the PXI ETF right here: Looking Under the Hood of the PowerShares DWA Energy Momentum Portfolio ETF (PXI) $PXI

Looking Under the Hood of the PowerShares DWA Energy Momentum Portfolio ETF (PXI) $PXI

There is one singular reason that I invest in ETFs instead of mutual funds. That reason is transparency. I like the fact that I can look at an ETFs website and/or prospectus and in relatively short order know exactly what it will cost me (expense ratio), how much it will cost to buy and sell it (transaction costs) and what’s in it (holdings). As a new financial blogger, it was brought to my attention that I may not be transparent enough myself. Most folks probably haven’t heard of the PowerShares DWA Energy Momentum Portfolio ETF PXI, and definitely wouldn’t know why The Deep Value ETF Accumulator invests in it. That will be my purpose today; to look under the hood of PXI and discover why I see value in this ETF. Continue reading “Looking Under the Hood of the PowerShares DWA Energy Momentum Portfolio ETF (PXI) $PXI