Mainsail Financial Group LLC Grows Stock Holdings in Invesco Food & Beverage ETF (NYSEARCA:PBJ)

Mainsail Financial Group LLC increased its position in Invesco Food & Beverage ETF (NYSEARCA:PBJ) by 4.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 82,375 shares of the company’s stock after buying an additional 3,243 shares during the period. Invesco Food & Beverage ETF comprises approximately 2.2% of Mainsail Financial Group LLC’s holdings, making the stock its 17th largest position. Mainsail Financial Group LLC owned 3.05% of Invesco Food & Beverage ETF worth $3,828,000 at the end of the most recent quarter.

Separately, Howe & Rusling Inc. boosted its stake in shares of 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 acquiring an additional 222 shares during the period.

Invesco Food & Beverage ETF Trading Down 0.1 %

NYSEARCA:PBJ opened at $47.20 on Friday. The stock has a 50-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 has a 12-month low of $44.53 and a 12-month high of $49.26.

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.