Invesco Food & Beverage ETF (NYSEARCA:PBJ) Shares Acquired by Howe & Rusling Inc.

Howe & Rusling Inc. raised its position in shares of Invesco Food & Beverage ETF (NYSEARCA:PBJ) by 0.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 47,222 shares of the company’s stock after purchasing an additional 222 shares during the period. Howe & Rusling Inc.’s holdings in Invesco Food & Beverage ETF were worth $2,283,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mainsail Financial Group LLC boosted its position in shares of Invesco Food & Beverage ETF by 5.2% during the third quarter. Mainsail Financial Group LLC now owns 79,132 shares of the company’s stock worth $3,740,000 after buying an additional 3,936 shares during the period. Janney Montgomery Scott LLC bought a new stake in Invesco Food & Beverage ETF during the 1st quarter valued at $204,000. Finally, Westside Investment Management Inc. acquired a new position in Invesco Food & Beverage ETF during the 2nd quarter worth $59,000.

Invesco Food & Beverage ETF Stock Performance

Shares of PBJ opened at $47.20 on Wednesday. Invesco Food & Beverage ETF has a one year low of $43.15 and a one year high of $49.00. The stock’s fifty day moving average is $47.52 and its 200-day moving average is $46.70. The firm has a market capitalization of $127.43 million, a price-to-earnings ratio of 18.56 and a beta of 0.55.

About Invesco Food & Beverage ETF

PowerShares Dynamic Food & Beverage Portfolio (the Fund) is based on the Dynamic Food & Beverage Intellidex Index (Index). The Fund seeks investment results that generally correspond to the price and yield of the Index. The Fund will normally invest at least 90% of its total assets in common stocks that consists of the Index.