Advisors Preferred LLC Invests $136,000 in Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ)

Advisors Preferred LLC bought a new stake in Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) 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 bought 2,598 shares of the company’s stock, valued at approximately $136,000.

Several other institutional investors have also added to or reduced their stakes in PEJ. Golden State Wealth Management LLC purchased a new stake in shares of Invesco Leisure and Entertainment ETF during the fourth quarter worth about $26,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in Invesco Leisure and Entertainment ETF in the 3rd quarter worth approximately $229,000. Diversify Advisory Services LLC grew its position in Invesco Leisure and Entertainment ETF by 7.0% in the 3rd quarter. Diversify Advisory Services LLC now owns 30,030 shares of the company’s stock worth $1,472,000 after purchasing an additional 1,976 shares during the period. EWG Elevate Inc. purchased a new position in shares of Invesco Leisure and Entertainment ETF during the 4th quarter worth $1,611,000. Finally, JPMorgan Chase & Co. lifted its stake in shares of Invesco Leisure and Entertainment ETF by 92.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 135,083 shares of the company’s stock valued at $6,442,000 after buying an additional 64,983 shares in the last quarter.

Invesco Leisure and Entertainment ETF Stock Performance

Shares of NYSEARCA PEJ opened at $56.77 on Friday. The company has a market cap of $353.68 million, a P/E ratio of 26.49 and a beta of 1.15. The firm’s fifty day moving average is $53.68 and its two-hundred day moving average is $49.84. Invesco Leisure and Entertainment ETF has a 52-week low of $41.20 and a 52-week high of $57.56.

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.