HighTower Advisors LLC Sells 218 Shares of Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ)

HighTower Advisors LLC cut its position in Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) by 1.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,241 shares of the company’s stock after selling 218 shares during the period. HighTower Advisors LLC’s holdings in Invesco Leisure and Entertainment ETF were worth $633,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PEJ. Ashton Thomas Private Wealth LLC acquired a new stake in Invesco Leisure and Entertainment ETF during the 2nd quarter worth $102,000. Wealthspire Advisors LLC bought a new stake in shares of Invesco Leisure and Entertainment ETF in the second quarter worth about $255,000. International Assets Investment Management LLC bought a new stake in shares of Invesco Leisure and Entertainment ETF in the second quarter worth about $62,000. Gateway Wealth Partners LLC acquired a new stake in shares of Invesco Leisure and Entertainment ETF during the second quarter worth about $253,000. Finally, Kwmg LLC lifted its holdings in shares of Invesco Leisure and Entertainment ETF by 2.1% during the 3rd quarter. Kwmg LLC now owns 38,605 shares of the company’s stock valued at $1,841,000 after purchasing an additional 783 shares in the last quarter.

Invesco Leisure and Entertainment ETF Stock Performance

NYSEARCA PEJ opened at $51.88 on Friday. The stock has a market cap of $323.21 million, a price-to-earnings ratio of 26.49 and a beta of 1.15. The business has a 50 day simple moving average of $51.90 and a 200 day simple moving average of $47.68. Invesco Leisure and Entertainment ETF has a 52-week low of $39.61 and a 52-week high of $55.33.

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.