Invesco Dynamic Leisure and Entertainment ETF Price & Performance (PEJ)

Invesco Dynamic Leisure and Entertainment ETF (PEJ) is encountering resistance at $50.77, a critical level for traders. Short positions are recommended near this threshold with a downside target of $47.78. Conversely, a break above this level suggests a potential upside target of $54.25. Traders should set stop-loss orders to mitigate risks.1

Jones Financial Companies Lllp increased its holdings in Invesco Leisure and Entertainment ETF (PEJ) by 34.5% in the fourth quarter. The firm now owns 5,005 shares worth $261,000. Other institutional investors also showed interest, with significant acquisitions reported, reflecting growing confidence in the ETF’s potential.2

Royal Caribbean Cruises Ltd. has outperformed the Invesco Dynamic Leisure and Entertainment ETF (PEJ) over the past year, with a 70.2% gain compared to PEJ's 10.1%. Despite recent setbacks, RCL’s robust earnings and optimistic guidance have solidified its position as a leader in the leisure sector.3