Diversify Advisory Services LLC Cuts Holdings in Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ)

Diversify Advisory Services LLC reduced its position in Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) by 0.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,780 shares of the company’s stock after selling 250 shares during the period. Diversify Advisory Services LLC’s holdings in Invesco Leisure and Entertainment ETF were worth $1,541,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PEJ. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Invesco Leisure and Entertainment ETF during the 3rd quarter worth approximately $229,000. Gateway Wealth Partners LLC bought a new stake in Invesco Leisure and Entertainment ETF in the second quarter worth $253,000. EWG Elevate Inc. purchased a new stake in Invesco Leisure and Entertainment ETF during the fourth quarter valued at $1,611,000. Kwmg LLC lifted its position in Invesco Leisure and Entertainment ETF by 2.1% during the third quarter. Kwmg LLC now owns 38,605 shares of the company’s stock valued at $1,841,000 after purchasing an additional 783 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Invesco Leisure and Entertainment ETF by 92.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 135,083 shares of the company’s stock worth $6,442,000 after buying an additional 64,983 shares in the last quarter.

Invesco Leisure and Entertainment ETF Trading Up 0.9 %

Shares of NYSEARCA PEJ opened at $52.84 on Tuesday. Invesco Leisure and Entertainment ETF has a 12-month low of $40.15 and a 12-month high of $55.33. The firm’s 50-day moving average price is $53.08 and its 200-day moving average price is $48.88. The stock has a market capitalization of $329.19 million, a price-to-earnings ratio of 26.49 and a beta of 1.15.

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.