Howe & Rusling Inc. Raises Position in Invesco Food & Beverage ETF (NYSEARCA:PBJ)

Howe & Rusling Inc. raised its holdings in shares of Invesco Food & Beverage ETF (NYSEARCA:PBJFree Report) by 0.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,692 shares of the company’s stock after buying an additional 475 shares during the quarter. Howe & Rusling Inc. owned about 0.88% of Invesco Food & Beverage ETF worth $2,232,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in PBJ. JPMorgan Chase & Co. increased its stake in Invesco Food & Beverage ETF by 97.1% in the 1st quarter. JPMorgan Chase & Co. now owns 550 shares of the company’s stock worth $25,000 after purchasing an additional 271 shares during the period. CWM LLC raised its stake in shares of Invesco Food & Beverage ETF by 41.7% in the second quarter. CWM LLC now owns 1,280 shares of the company’s stock worth $58,000 after purchasing an additional 377 shares during the last quarter. Cetera Advisor Networks LLC raised its holdings in shares of Invesco Food & Beverage ETF by 9.6% during the first quarter. Cetera Advisor Networks LLC now owns 5,696 shares of the company’s stock valued at $263,000 after purchasing an additional 500 shares during the last quarter. Millennium Management LLC boosted its stake in shares of Invesco Food & Beverage ETF by 2.1% in the 4th quarter. Millennium Management LLC now owns 26,010 shares of the company’s stock worth $1,187,000 after buying an additional 539 shares during the last quarter. Finally, Nilsine Partners LLC grew its stake in shares of Invesco Food & Beverage ETF by 2.1% during the 3rd quarter. Nilsine Partners LLC now owns 27,814 shares of the company’s stock valued at $1,178,000 after purchasing an additional 569 shares during the period.

Invesco Food & Beverage ETF Price Performance

Shares of NYSEARCA:PBJ traded up $0.14 during trading on Thursday, hitting $45.00. The company’s stock had a trading volume of 14,008 shares, compared to its average volume of 16,047. Invesco Food & Beverage ETF has a 12 month low of $40.05 and a 12 month high of $47.77. The firm has a market cap of $268.20 million, a price-to-earnings ratio of 15.39 and a beta of 0.63. The company has a 50-day moving average of $45.30 and a 200-day moving average of $43.96.

About Invesco Food & Beverage ETF

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Invesco Food & Beverage ETF (NYSEARCA:PBJ)

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