Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) Trading Up 1.6% – What’s Next?

Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ)’s stock price rose 1.6% during mid-day trading on Wednesday . The stock traded as high as $68.52 and last traded at $68.50. Approximately 21,274 shares traded hands during trading, a decline of 55% from the average daily volume of 47,136 shares. The stock had previously closed at $67.40.

Invesco Leisure and Entertainment ETF Trading Up 1.6%

The firm has a market cap of $258.93 million, a PE ratio of 20.24 and a beta of 1.07. The business has a fifty day moving average price of $65.96 and a 200 day moving average price of $62.26.

Institutional Trading of Invesco Leisure and Entertainment ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Qube Research & Technologies Ltd acquired a new position in Invesco Leisure and Entertainment ETF during the third quarter worth approximately $29,000. SHP Wealth Management acquired a new stake in Invesco Leisure and Entertainment ETF during the 4th quarter worth approximately $42,000. Advisory Services Network LLC acquired a new stake in Invesco Leisure and Entertainment ETF during the 3rd quarter worth approximately $52,000. Fifth Third Bancorp purchased a new position in shares of Invesco Leisure and Entertainment ETF in the 1st quarter valued at approximately $64,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Invesco Leisure and Entertainment ETF in the 4th quarter valued at approximately $159,000.

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.