Stifel Financial Corp Sells 521 Shares of Invesco Food & Beverage ETF (NYSEARCA:PBJ)

Stifel Financial Corp lowered its holdings in Invesco Food & Beverage ETF (NYSEARCA:PBJ) by 9.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 4,898 shares of the company’s stock after selling 521 shares during the quarter. Stifel Financial Corp’s holdings in Invesco Food & Beverage ETF were worth $237,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in PBJ. Howe & Rusling Inc. raised its stake in Invesco Food & Beverage ETF by 0.5% in the third quarter. Howe & Rusling Inc. now owns 47,222 shares of the company’s stock worth $2,283,000 after buying an additional 222 shares in the last quarter. Mainsail Financial Group LLC boosted its position in Invesco Food & Beverage ETF by 5.2% during the 3rd quarter. Mainsail Financial Group LLC now owns 79,132 shares of the company’s stock valued at $3,740,000 after acquiring an additional 3,936 shares in the last quarter. Finally, Kingsview Wealth Management LLC bought a new position in shares of Invesco Food & Beverage ETF in the 3rd quarter worth approximately $6,775,000.

Invesco Food & Beverage ETF Stock Down 0.6 %

PBJ opened at $46.66 on Monday. The stock has a market cap of $125.98 million, a PE ratio of 18.56 and a beta of 0.55. The business has a 50 day moving average of $47.74 and a 200-day moving average of $46.94. Invesco Food & Beverage ETF has a 52 week low of $44.40 and a 52 week high of $49.26.

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.