Kwmg LLC Trims Position in Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ)

Kwmg LLC lessened its stake in Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) by 1.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 37,939 shares of the company’s stock after selling 666 shares during the period. Kwmg LLC owned 0.61% of Invesco Leisure and Entertainment ETF worth $1,980,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Diversify Advisory Services LLC lifted its position in Invesco Leisure and Entertainment ETF by 7.0% in the third quarter. Diversify Advisory Services LLC now owns 30,030 shares of the company’s stock valued at $1,472,000 after purchasing an additional 1,976 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Invesco Leisure and Entertainment ETF during the 3rd quarter worth approximately $229,000. Gateway Wealth Partners LLC acquired a new stake in shares of Invesco Leisure and Entertainment ETF in the 2nd quarter valued at approximately $253,000. Wealthspire Advisors LLC purchased a new stake in shares of Invesco Leisure and Entertainment ETF in the second quarter valued at approximately $255,000. Finally, EWG Elevate Inc. acquired a new position in Invesco Leisure and Entertainment ETF during the fourth quarter worth $1,611,000.

Invesco Leisure and Entertainment ETF Stock Performance

NYSEARCA:PEJ traded down $0.07 during trading hours on Monday, hitting $51.67. The company’s stock had a trading volume of 65,666 shares, compared to its average volume of 52,745. The company has a market capitalization of $321.90 million, a PE ratio of 26.49 and a beta of 1.15. Invesco Leisure and Entertainment ETF has a 52-week low of $39.61 and a 52-week high of $55.33. The business’s 50-day moving average is $52.99 and its two-hundred day moving average is $48.63.

About Invesco Leisure and Entertainment ETF

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.