Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lowered its position in Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) by 61.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 700 shares of the company’s stock after selling 1,124 shares during the period. PNC Financial Services Group Inc.’s holdings in Invesco Leisure and Entertainment ETF were worth $37,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Jones Financial Companies Lllp increased its stake in shares of Invesco Leisure and Entertainment ETF by 34.5% during the 4th quarter. Jones Financial Companies Lllp now owns 5,005 shares of the company’s stock worth $261,000 after purchasing an additional 1,285 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Invesco Leisure and Entertainment ETF by 92.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 135,083 shares of the company’s stock valued at $6,442,000 after buying an additional 64,983 shares in the last quarter. Financial Services Advisory Inc acquired a new stake in Invesco Leisure and Entertainment ETF during the 4th quarter valued at $875,000. Golden State Wealth Management LLC purchased a new position in Invesco Leisure and Entertainment ETF during the fourth quarter worth $26,000. Finally, Kingsview Wealth Management LLC acquired a new position in shares of Invesco Leisure and Entertainment ETF in the fourth quarter worth $11,492,000.

Invesco Leisure and Entertainment ETF Stock Down 0.8 %

PEJ opened at $50.32 on Friday. The firm has a market cap of $322.55 million, a P/E ratio of 20.66 and a beta of 1.34. The business’s fifty day simple moving average is $53.41 and its 200 day simple moving average is $51.69. Invesco Leisure and Entertainment ETF has a 52 week low of $41.20 and a 52 week high of $57.93.

Invesco Leisure and Entertainment ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be paid a dividend of $0.023 per share. This is an increase from Invesco Leisure and Entertainment ETF’s previous dividend of $0.01. The ex-dividend date is Monday, March 24th.

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.