Invesco Leisure and Entertainment ETF $PEJ Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC trimmed its stake in shares of Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) by 97.0% during the fourth quarter, Holdings Channel reports. The firm owned 17,218 shares of the company’s stock after selling 554,291 shares during the period. HighTower Advisors LLC’s holdings in Invesco Leisure and Entertainment ETF were worth $1,056,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in PEJ. Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco Leisure and Entertainment ETF by 2,889.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 297,918 shares of the company’s stock worth $18,271,000 after purchasing an additional 287,952 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Invesco Leisure and Entertainment ETF by 493.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 185,696 shares of the company’s stock worth $9,034,000 after purchasing an additional 154,420 shares during the period. Royal Bank of Canada raised its position in shares of Invesco Leisure and Entertainment ETF by 301.1% during the 1st quarter. Royal Bank of Canada now owns 81,098 shares of the company’s stock worth $3,946,000 after purchasing an additional 60,881 shares during the period. Tower Research Capital LLC TRC acquired a new stake in shares of Invesco Leisure and Entertainment ETF during the 3rd quarter worth approximately $664,000. Finally, UBS Group AG raised its position in shares of Invesco Leisure and Entertainment ETF by 13.2% during the 3rd quarter. UBS Group AG now owns 75,752 shares of the company’s stock worth $4,589,000 after purchasing an additional 8,822 shares during the period.

Invesco Leisure and Entertainment ETF Trading Up 0.9%

Shares of Invesco Leisure and Entertainment ETF stock opened at $62.76 on Friday. Invesco Leisure and Entertainment ETF has a twelve month low of $52.67 and a twelve month high of $64.55. The stock has a market capitalization of $252.30 million, a price-to-earnings ratio of 20.24 and a beta of 1.08. The business’s 50 day simple moving average is $60.53 and its 200-day simple moving average is $60.35.

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