Howe & Rusling Inc. Buys 2,167 Shares of Invesco Food & Beverage ETF $PBJ

Howe & Rusling Inc. boosted its stake in shares of Invesco Food & Beverage ETF (NYSEARCA:PBJ) by 4.6% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 49,099 shares of the company’s stock after buying an additional 2,167 shares during the period. Howe & Rusling Inc. owned approximately 2.45% of Invesco Food & Beverage ETF worth $2,323,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Truist Financial Corp bought a new position in Invesco Food & Beverage ETF during the second quarter valued at $1,997,000. Goldman Sachs Group Inc. boosted its stake in shares of Invesco Food & Beverage ETF by 32.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 40,282 shares of the company’s stock worth $1,852,000 after purchasing an additional 9,811 shares during the period. Envestnet Asset Management Inc. grew its holdings in Invesco Food & Beverage ETF by 40.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 22,290 shares of the company’s stock valued at $1,055,000 after purchasing an additional 6,445 shares during the last quarter. Stratos Wealth Advisors LLC bought a new position in Invesco Food & Beverage ETF during the 2nd quarter valued at about $242,000. Finally, Mainsail Financial Group LLC raised its position in Invesco Food & Beverage ETF by 4.7% in the 2nd quarter. Mainsail Financial Group LLC now owns 91,088 shares of the company’s stock worth $4,308,000 after purchasing an additional 4,080 shares during the period.

Invesco Food & Beverage ETF Price Performance

Shares of NYSEARCA PBJ opened at $43.88 on Thursday. Invesco Food & Beverage ETF has a 1 year low of $42.57 and a 1 year high of $49.33. The firm has a 50-day simple moving average of $45.11 and a two-hundred day simple moving average of $46.79. The company has a market cap of $98.73 million, a P/E ratio of 19.85 and a beta of 0.56.

Invesco Food & Beverage ETF 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.