Envestnet Asset Management Inc. Has $554,000 Stock Holdings in Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ)

Envestnet Asset Management Inc. lifted its holdings in Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) by 185.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,378 shares of the company’s stock after buying an additional 7,387 shares during the period. Envestnet Asset Management Inc. owned about 0.17% of Invesco Leisure and Entertainment ETF worth $554,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of PEJ. Wells Fargo & Company MN lifted its position in shares of Invesco Leisure and Entertainment ETF by 0.3% in the fourth quarter. Wells Fargo & Company MN now owns 111,970 shares of the company’s stock worth $5,845,000 after buying an additional 347 shares during the last quarter. Bernard Wealth Management Corp. bought a new position in shares of Invesco Leisure and Entertainment ETF in the fourth quarter worth about $39,000. Raymond James Financial Inc. bought a new position in shares of Invesco Leisure and Entertainment ETF in the fourth quarter worth about $1,315,000. Jane Street Group LLC bought a new position in Invesco Leisure and Entertainment ETF during the fourth quarter valued at about $261,000. Finally, Bank of America Corp DE increased its stake in Invesco Leisure and Entertainment ETF by 4.1% during the fourth quarter. Bank of America Corp DE now owns 198,252 shares of the company’s stock valued at $10,349,000 after acquiring an additional 7,825 shares during the period.

Invesco Leisure and Entertainment ETF Stock Down 1.2%

Shares of PEJ opened at $56.82 on Wednesday. The stock’s 50-day moving average price is $56.23 and its 200 day moving average price is $52.92. The firm has a market capitalization of $345.47 million, a price-to-earnings ratio of 20.24 and a beta of 1.30. Invesco Leisure and Entertainment ETF has a 12-month low of $41.08 and a 12-month high of $59.35.

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.