Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) Shares Down 1.2% – What’s Next?

Posted by Amy Steele on Jan 12th, 2025

Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ – Get Free Report) fell 1.2% during mid-day trading on Friday . The stock traded as low as $51.42 and last traded at $51.74. 19,640 shares changed hands during mid-day trading, a decline of 62% from the average session volume of 52,123 shares. The stock had previously closed at $52.37.

Invesco Leisure and Entertainment ETF Stock Down 1.2 %

The stock has a market cap of $322.34 million, a P/E ratio of 26.49 and a beta of 1.15. The company’s 50 day moving average price is $52.99 and its 200-day moving average price is $48.61.

Institutional Trading of Invesco Leisure and Entertainment ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC acquired a new position in Invesco Leisure and Entertainment ETF in the second quarter valued at approximately $102,000. Mirae Asset Global Investments Co. Ltd. bought a new position in Invesco Leisure and Entertainment ETF in the 3rd quarter valued at about $229,000. Gateway Wealth Partners LLC bought a new position in shares of Invesco Leisure and Entertainment ETF in the second quarter valued at approximately $253,000. Wealthspire Advisors LLC purchased a new position in Invesco Leisure and Entertainment ETF during the 2nd quarter worth $255,000. Finally, Diversify Advisory Services LLC grew its position in Invesco Leisure and Entertainment ETF by 7.0% in the 3rd quarter. Diversify Advisory Services LLC now owns 30,030 shares of the company’s stock worth $1,472,000 after purchasing an additional 1,976 shares in the last quarter.

About Invesco Leisure and Entertainment ETF

(Get Free Report)

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.