Gateway Wealth Partners LLC Invests $253,000 in Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ)

Gateway Wealth Partners LLC acquired a new position in shares of Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,571 shares of the company’s stock, valued at approximately $253,000. Gateway Wealth Partners LLC owned approximately 0.09% of Invesco Leisure and Entertainment ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in PEJ. BNP Paribas Financial Markets raised its holdings in shares of Invesco Leisure and Entertainment ETF by 200.0% in the 1st quarter. BNP Paribas Financial Markets now owns 150,193 shares of the company’s stock worth $6,936,000 after acquiring an additional 100,133 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new position in shares of Invesco Leisure and Entertainment ETF in the second quarter valued at approximately $102,000. Cetera Advisors LLC bought a new stake in Invesco Leisure and Entertainment ETF during the first quarter worth $316,000. Wealthspire Advisors LLC purchased a new stake in Invesco Leisure and Entertainment ETF in the 2nd quarter valued at $255,000. Finally, International Assets Investment Management LLC purchased a new stake in Invesco Leisure and Entertainment ETF in the 2nd quarter valued at $62,000.

Invesco Leisure and Entertainment ETF Price Performance

PEJ opened at $47.69 on Tuesday. Invesco Leisure and Entertainment ETF has a 1 year low of $34.90 and a 1 year high of $48.14. The company has a market capitalization of $297.11 million, a price-to-earnings ratio of 26.49 and a beta of 1.15. The firm’s fifty day moving average price is $45.45 and its two-hundred day moving average price is $45.10.

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.