Invesco Food & Beverage ETF (NYSEARCA:PBJ) Stock Position Decreased by Private Advisor Group LLC

Private Advisor Group LLC decreased its holdings in shares of Invesco Food & Beverage ETF (NYSEARCA:PBJ) by 17.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 7,136 shares of the company’s stock after selling 1,495 shares during the period. Private Advisor Group LLC’s holdings in Invesco Food & Beverage ETF were worth $345,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of PBJ. Westside Investment Management Inc. acquired a new stake in shares of Invesco Food & Beverage ETF during the 2nd quarter worth approximately $59,000. Janney Montgomery Scott LLC bought a new position in Invesco Food & Beverage ETF during the 1st quarter worth $204,000. Finally, Mainsail Financial Group LLC increased its position in Invesco Food & Beverage ETF by 23.8% in the second quarter. Mainsail Financial Group LLC now owns 75,196 shares of the company’s stock worth $3,432,000 after buying an additional 14,441 shares during the period.

Invesco Food & Beverage ETF Stock Performance

Invesco Food & Beverage ETF stock opened at $47.49 on Wednesday. Invesco Food & Beverage ETF has a one year low of $42.11 and a one year high of $49.00. The company has a 50-day simple moving average of $47.47 and a 200-day simple moving average of $46.72. The firm has a market capitalization of $128.22 million, a P/E ratio of 18.56 and a beta of 0.55.

Invesco Food & Beverage ETF Company Profile

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.