Mainsail Financial Group LLC Increases Stake in Invesco Food & Beverage ETF (NYSEARCA:PBJ)

Mainsail Financial Group LLC increased its holdings in Invesco Food & Beverage ETF (NYSEARCA:PBJ) by 4.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 82,375 shares of the company’s stock after acquiring an additional 3,243 shares during the quarter. Invesco Food & Beverage ETF makes up about 2.2% of Mainsail Financial Group LLC’s investment portfolio, making the stock its 17th largest position. Mainsail Financial Group LLC’s holdings in Invesco Food & Beverage ETF were worth $3,828,000 at the end of the most recent quarter.

Separately, Howe & Rusling Inc. increased its holdings in shares of Invesco Food & Beverage ETF by 0.5% in the 3rd quarter. Howe & Rusling Inc. now owns 47,222 shares of the company’s stock valued at $2,283,000 after acquiring an additional 222 shares during the period.

Invesco Food & Beverage ETF Price Performance

Shares of NYSEARCA PBJ opened at $47.20 on Friday. Invesco Food & Beverage ETF has a 1-year low of $44.53 and a 1-year high of $49.26. The business has a fifty day moving average price of $47.30 and a 200 day moving average price of $47.18. The stock has a market capitalization of $127.44 million, a P/E ratio of 18.56 and a beta of 0.55.

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.