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

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

A number of other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. acquired a new position in shares of Invesco Leisure and Entertainment ETF in the fourth quarter worth about $1,315,000. Financial Services Advisory Inc purchased a new stake in Invesco Leisure and Entertainment ETF during the 4th quarter worth approximately $875,000. Jones Financial Companies Lllp increased its holdings in 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 during the last quarter. Advisors Preferred LLC acquired a new position in shares of Invesco Leisure and Entertainment ETF in the 4th quarter valued at approximately $136,000. Finally, Kingsview Wealth Management LLC purchased a new position in shares of Invesco Leisure and Entertainment ETF during the 4th quarter valued at approximately $11,492,000.

Invesco Leisure and Entertainment ETF Stock Performance

PEJ opened at $50.32 on Friday. The company has a market capitalization of $322.55 million, a P/E ratio of 20.66 and a beta of 1.34. The company has a 50-day moving average of $53.41 and a 200-day moving average of $51.69. Invesco Leisure and Entertainment ETF has a 1-year low of $41.20 and a 1-year high of $57.93.

Invesco Leisure and Entertainment ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued a dividend of $0.023 per share. This is a boost from Invesco Leisure and Entertainment ETF’s previous dividend of $0.01. The ex-dividend date is Monday, March 24th.

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.