Integrated Wealth Concepts LLC Sells 2,152 Shares of Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ)

Integrated Wealth Concepts LLC cut its stake in Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) by 5.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 35,193 shares of the company’s stock after selling 2,152 shares during the period. Integrated Wealth Concepts LLC’s holdings in Invesco Leisure and Entertainment ETF were worth $1,837,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Golden State Wealth Management LLC bought a new position in Invesco Leisure and Entertainment ETF in the fourth quarter valued at about $26,000. Bernard Wealth Management Corp. purchased a new stake in shares of Invesco Leisure and Entertainment ETF during the 4th quarter valued at about $39,000. Physician Wealth Advisors Inc. bought a new position in shares of Invesco Leisure and Entertainment ETF in the 4th quarter worth approximately $103,000. Advisors Preferred LLC purchased a new position in shares of Invesco Leisure and Entertainment ETF in the fourth quarter worth approximately $136,000. Finally, Envestnet Asset Management Inc. bought a new stake in Invesco Leisure and Entertainment ETF during the fourth quarter valued at approximately $208,000.

Invesco Leisure and Entertainment ETF Trading Up 0.4 %

Shares of PEJ stock opened at $48.48 on Tuesday. Invesco Leisure and Entertainment ETF has a 12 month low of $41.08 and a 12 month high of $57.93. The stock has a market cap of $320.94 million, a P/E ratio of 18.35 and a beta of 1.20. The company has a 50 day simple moving average of $49.08 and a two-hundred day simple moving average of $51.64.

Invesco Leisure and Entertainment ETF 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.