Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) Shares Sold by Prudential PLC

Prudential PLC decreased its holdings in Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) by 3.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 210,850 shares of the company’s stock after selling 7,400 shares during the quarter. Prudential PLC’s holdings in Invesco Leisure and Entertainment ETF were worth $11,006,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Golden State Wealth Management LLC purchased a new stake in shares of Invesco Leisure and Entertainment ETF during the fourth quarter worth about $26,000. Physician Wealth Advisors Inc. acquired a new stake in Invesco Leisure and Entertainment ETF in the 4th quarter worth about $103,000. Advisors Preferred LLC acquired a new stake in Invesco Leisure and Entertainment ETF in the 4th quarter worth about $136,000. Jones Financial Companies Lllp increased its stake in Invesco Leisure and Entertainment ETF by 34.5% during the 4th quarter. Jones Financial Companies Lllp now owns 5,005 shares of the company’s stock worth $261,000 after buying an additional 1,285 shares in the last quarter. Finally, Financial Services Advisory Inc acquired a new position in shares of Invesco Leisure and Entertainment ETF during the fourth quarter valued at approximately $875,000.

Invesco Leisure and Entertainment ETF Price Performance

Shares of NYSEARCA:PEJ opened at $43.48 on Friday. Invesco Leisure and Entertainment ETF has a 1 year low of $41.20 and a 1 year high of $57.93. The firm has a market capitalization of $275.23 million, a PE ratio of 21.48 and a beta of 1.20. The business’s 50 day moving average price is $52.70 and its 200-day moving average price is $51.77.

Invesco Leisure and Entertainment ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a dividend of $0.023 per share. The ex-dividend date of this dividend was Monday, March 24th. This is a boost from Invesco Leisure and Entertainment ETF’s previous dividend of $0.01.

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.