Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) Trading Up 2.5% – Time to Buy?

Invesco Leisure and Entertainment ETF (NYSEARCA:PEJGet Free Report)’s share price was up 2.5% on Friday . The company traded as high as $67.62 and last traded at $67.62. 26,357 shares changed hands during trading, a decline of 29% from the average daily volume of 37,075 shares. The stock had previously closed at $65.99.

Invesco Leisure and Entertainment ETF Price Performance

The firm has a market cap of $271.83 million, a PE ratio of 20.24 and a beta of 1.08. The stock has a 50-day moving average price of $62.36 and a 200 day moving average price of $61.10.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Qube Research & Technologies Ltd acquired a new stake in shares of Invesco Leisure and Entertainment ETF in the third quarter worth approximately $29,000. SHP Wealth Management purchased a new position in Invesco Leisure and Entertainment ETF during the fourth quarter worth approximately $42,000. Advisory Services Network LLC purchased a new position in Invesco Leisure and Entertainment ETF during the third quarter worth approximately $52,000. Fifth Third Bancorp acquired a new position in shares of Invesco Leisure and Entertainment ETF in the 1st quarter valued at $64,000. Finally, Sound Income Strategies LLC acquired a new position in shares of Invesco Leisure and Entertainment ETF in the 4th quarter valued at $117,000.

Invesco Leisure and Entertainment ETF Company Profile

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

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