Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) Shares Up 0.3% – Here’s Why

Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ – Get Free Report) shot up 0.3% on Wednesday. The company traded as high as $65.76 and last traded at $65.59. Approximately 10,513 shares changed hands during trading, a decline of 78% from the average session volume of 47,446 shares. The stock had previously closed at $65.37.

Invesco Leisure and Entertainment ETF Trading Up 0.3%

The company has a market cap of $353.53 million, a PE ratio of 20.24 and a beta of 1.10. The firm has a 50 day moving average of $64.31 and a two-hundred day moving average of $62.87.

Institutional Investors Weigh In On Invesco Leisure and Entertainment ETF

Several hedge funds have recently added to or reduced their stakes in PEJ. Outlook Wealth Advisors LLC bought a new stake in Invesco Leisure and Entertainment ETF during the 3rd quarter valued at $1,407,000. Ironwood Wealth Management LLC. purchased a new position in shares of Invesco Leisure and Entertainment ETF during the third quarter valued at $453,000. MinichMacGregor Wealth Management LLC bought a new stake in shares of Invesco Leisure and Entertainment ETF in the third quarter valued at about $325,000. Sound Income Strategies LLC purchased a new stake in Invesco Leisure and Entertainment ETF in the third quarter worth about $229,000. Finally, Kwmg LLC bought a new stake in shares of Invesco Leisure and Entertainment ETF in the 3rd quarter valued at about $2,618,000.

About Invesco Leisure and Entertainment ETF

(Get Free Report)

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. The Index consists of stocks of 30 United States leisure and entertainment companies.

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