Wealthfront Advisers LLC Acquires New Holdings in Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ)

Wealthfront Advisers LLC acquired a new stake in shares of Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 123,225 shares of the company’s stock, valued at approximately $7,078,000. Wealthfront Advisers LLC owned approximately 1.98% of Invesco Leisure and Entertainment ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of PEJ. JPMorgan Chase & Co. raised its stake in shares of Invesco Leisure and Entertainment ETF by 92.7% during the third quarter. JPMorgan Chase & Co. now owns 135,083 shares of the company’s stock valued at $6,442,000 after purchasing an additional 64,983 shares in the last quarter. EWG Elevate Inc. bought a new stake in Invesco Leisure and Entertainment ETF in the fourth quarter worth about $1,611,000. Golden State Wealth Management LLC bought a new stake in Invesco Leisure and Entertainment ETF in the fourth quarter worth about $26,000. Kingsview Wealth Management LLC bought a new stake in Invesco Leisure and Entertainment ETF in the fourth quarter worth about $11,492,000. Finally, Advisors Preferred LLC bought a new stake in Invesco Leisure and Entertainment ETF in the fourth quarter worth about $136,000.

Invesco Leisure and Entertainment ETF Trading Up 0.2 %

Shares of Invesco Leisure and Entertainment ETF stock opened at $48.25 on Thursday. The company’s 50-day moving average price is $54.01 and its two-hundred day moving average price is $51.44. Invesco Leisure and Entertainment ETF has a 52 week low of $41.20 and a 52 week high of $57.93. The stock has a market cap of $250.42 million, a PE ratio of 21.89 and a beta of 1.36.

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.