Private Advisor Group LLC Takes $461,000 Position in Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ)

Private Advisor Group LLC acquired a new stake in shares of Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 9,482 shares of the company’s stock, valued at approximately $461,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in PEJ. Bernard Wealth Management Corp. purchased a new stake in shares of Invesco Leisure and Entertainment ETF in the fourth quarter worth $39,000. Golden State Wealth Management LLC increased its stake in shares of Invesco Leisure and Entertainment ETF by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 1,000 shares of the company’s stock worth $49,000 after purchasing an additional 500 shares in the last quarter. Envestnet Asset Management Inc. bought a new position in shares of Invesco Leisure and Entertainment ETF during the fourth quarter worth $208,000. Jane Street Group LLC bought a new position in shares of Invesco Leisure and Entertainment ETF during the fourth quarter worth $261,000. Finally, Lighthouse Financial LLC bought a new position in shares of Invesco Leisure and Entertainment ETF during the fourth quarter worth $298,000.

Invesco Leisure and Entertainment ETF Stock Performance

Shares of NYSEARCA:PEJ opened at $58.36 on Thursday. The firm has a fifty day moving average price of $55.82 and a 200 day moving average price of $52.78. Invesco Leisure and Entertainment ETF has a fifty-two week low of $41.08 and a fifty-two week high of $59.35. The firm has a market cap of $354.83 million, a price-to-earnings ratio of 20.24 and a beta of 1.30.

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.