Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ – Get Free Report) shares shot up 0.9% on Wednesday . The company traded as high as $65.52 and last traded at $65.23. 340,442 shares were traded during trading, an increase of 607% from the average daily volume of 48,168 shares. The stock had previously closed at $64.65.
Invesco Leisure and Entertainment ETF Stock Performance
The company has a market cap of $246.57 million, a price-to-earnings ratio of 20.24 and a beta of 1.07. The business’s 50 day moving average price is $66.83 and its 200-day moving average price is $63.00.
Institutional Trading of Invesco Leisure and Entertainment ETF
A number of institutional investors and hedge funds have recently added to or reduced their stakes in PEJ. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco Leisure and Entertainment ETF by 2,889.3% during the fourth 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. NewEdge Advisors LLC boosted its holdings in Invesco Leisure and Entertainment ETF by 2,849.3% during the fourth quarter. NewEdge Advisors LLC now owns 4,483 shares of the company’s stock valued at $275,000 after purchasing an additional 4,331 shares in the last quarter. HRT Financial LP bought a new stake in shares of Invesco Leisure and Entertainment ETF in the 4th quarter valued at approximately $237,000. Advisory Services Network LLC bought a new stake in shares of Invesco Leisure and Entertainment ETF in the 3rd quarter valued at approximately $52,000. Finally, Qube Research & Technologies Ltd bought a new stake in shares of Invesco Leisure and Entertainment ETF in the 3rd quarter valued at approximately $29,000.
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. The Index consists of stocks of 30 United States leisure and entertainment companies.
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