Invesco Leisure and Entertainment ETF $PEJ Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC trimmed its stake in Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) by 97.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,218 shares of the company’s stock after selling 554,291 shares during the quarter. HighTower Advisors LLC owned approximately 0.41% of Invesco Leisure and Entertainment ETF worth $1,056,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. increased its stake in Invesco Leisure and Entertainment ETF by 2,889.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 297,918 shares of the company’s stock worth $18,271,000 after acquiring an additional 287,952 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Invesco Leisure and Entertainment ETF by 493.7% during the first quarter. Goldman Sachs Group Inc. now owns 185,696 shares of the company’s stock worth $9,034,000 after acquiring an additional 154,420 shares during the last quarter. Royal Bank of Canada increased its stake in Invesco Leisure and Entertainment ETF by 301.1% during the first quarter. Royal Bank of Canada now owns 81,098 shares of the company’s stock worth $3,946,000 after acquiring an additional 60,881 shares during the last quarter. Tower Research Capital LLC TRC acquired a new stake in Invesco Leisure and Entertainment ETF during the third quarter worth about $664,000. Finally, UBS Group AG increased its stake in Invesco Leisure and Entertainment ETF by 13.2% during the third quarter. UBS Group AG now owns 75,752 shares of the company’s stock worth $4,589,000 after acquiring an additional 8,822 shares during the last quarter.

Invesco Leisure and Entertainment ETF Price Performance

Shares of NYSEARCA:PEJ opened at $62.76 on Friday. The firm has a market capitalization of $252.30 million, a PE ratio of 20.24 and a beta of 1.08. The business has a 50-day moving average of $60.53 and a two-hundred day moving average of $60.35. Invesco Leisure and Entertainment ETF has a 12 month low of $52.67 and a 12 month high of $64.55.

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. The Index consists of stocks of 30 United States leisure and entertainment companies.