Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) Shares Down 0.4% – What’s Next?

Shares of Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) were down 0.4% during trading on Thursday . The stock traded as low as $61.00 and last traded at $61.33. 31,900 shares changed hands during mid-day trading, a decline of 5% from the average daily volume of 33,664 shares. The stock had previously closed at $61.60.

Invesco Leisure and Entertainment ETF Trading Down 1.2%

The company has a market capitalization of $243.69 million, a PE ratio of 20.24 and a beta of 1.09. The firm’s 50-day simple moving average is $59.90 and its 200-day simple moving average is $60.03.

Institutional Trading of Invesco Leisure and Entertainment ETF

A number of large investors have recently modified their holdings of PEJ. Royal Bank of Canada grew its stake in Invesco Leisure and Entertainment ETF by 301.1% in the first 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 in the last quarter. Jones Financial Companies Lllp raised its position in Invesco Leisure and Entertainment ETF by 83.3% during the 1st quarter. Jones Financial Companies Lllp now owns 9,172 shares of the company’s stock valued at $446,000 after purchasing an additional 4,167 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Invesco Leisure and Entertainment ETF by 493.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 185,696 shares of the company’s stock worth $9,034,000 after buying an additional 154,420 shares during the period. Walleye Capital LLC purchased a new stake in shares of Invesco Leisure and Entertainment ETF in the 2nd quarter worth $200,000. Finally, Ameriprise Financial Inc. grew its position in shares of Invesco Leisure and Entertainment ETF by 18.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 17,410 shares of the company’s stock worth $991,000 after buying an additional 2,770 shares in the last quarter.

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.