Ameriprise Financial Inc. Lowers Holdings in Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ)

Ameriprise Financial Inc. lowered its stake in shares of Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) by 2.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,760 shares of the company’s stock after selling 292 shares during the quarter. Ameriprise Financial Inc. owned about 0.16% of Invesco Leisure and Entertainment ETF worth $509,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the stock. Kingsview Wealth Management LLC bought a new stake in Invesco Leisure and Entertainment ETF during the fourth quarter valued at about $11,492,000. LPL Financial LLC boosted its position in Invesco Leisure and Entertainment ETF by 27.1% during the fourth quarter. LPL Financial LLC now owns 129,470 shares of the company’s stock valued at $6,758,000 after purchasing an additional 27,622 shares in the last quarter. Wealthfront Advisers LLC bought a new stake in Invesco Leisure and Entertainment ETF during the fourth quarter valued at about $7,078,000. Wells Fargo & Company MN boosted its position in Invesco Leisure and Entertainment ETF by 0.3% during the fourth quarter. Wells Fargo & Company MN now owns 111,970 shares of the company’s stock valued at $5,845,000 after purchasing an additional 347 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Invesco Leisure and Entertainment ETF during the fourth quarter valued at about $1,315,000.

Invesco Leisure and Entertainment ETF Price Performance

Shares of PEJ stock opened at $53.92 on Wednesday. Invesco Leisure and Entertainment ETF has a 1-year low of $41.08 and a 1-year high of $57.93. The stock’s 50-day moving average is $49.18 and its 200 day moving average is $51.86. The company has a market cap of $320.28 million, a P/E ratio of 19.78 and a beta of 1.23.

Invesco Leisure and Entertainment ETF Company Profile

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.