Cetera Investment Advisers reduced its stake in shares of Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ – Free Report) by 7.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 11,640 shares of the company’s stock after selling 975 shares during the period. Cetera Investment Advisers owned about 0.19% of Invesco Leisure and Entertainment ETF worth $608,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Golden State Wealth Management LLC purchased a new stake in shares of Invesco Leisure and Entertainment ETF in the fourth quarter valued at about $26,000. Bernard Wealth Management Corp. bought a new stake in Invesco Leisure and Entertainment ETF in the 4th quarter worth about $39,000. Physician Wealth Advisors Inc. purchased a new stake in Invesco Leisure and Entertainment ETF in the 4th quarter valued at about $103,000. Advisors Preferred LLC purchased a new stake in Invesco Leisure and Entertainment ETF in the 4th quarter valued at about $136,000. Finally, Envestnet Asset Management Inc. bought a new position in shares of Invesco Leisure and Entertainment ETF during the 4th quarter worth approximately $208,000.
Invesco Leisure and Entertainment ETF Stock Up 0.1%
Shares of NYSEARCA PEJ opened at $51.65 on Tuesday. The company has a market capitalization of $328.49 million, a PE ratio of 19.78 and a beta of 1.22. The stock’s 50 day moving average price is $48.83 and its 200-day moving average price is $51.82. Invesco Leisure and Entertainment ETF has a twelve month low of $41.08 and a twelve month high of $57.93.
About Invesco Leisure and Entertainment ETF
PowerShares Dynamic Leisure and Entertainment Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Leisure and Entertainment Intellidex Index (the Index). The Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors.
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