Baird Financial Group Inc. Takes Position in Invesco Dynamic Food & Beverage ETF (NYSEARCA:PBJ)

Baird Financial Group Inc. purchased a new stake in shares of Invesco Dynamic Food & Beverage ETF (NYSEARCA:PBJGet Rating) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 13,707 shares of the company’s stock, valued at approximately $601,000.

Several other hedge funds have also modified their holdings of the stock. JPMorgan Chase & Co. grew its stake in shares of Invesco Dynamic Food & Beverage ETF by 97.1% during the first quarter. JPMorgan Chase & Co. now owns 550 shares of the company’s stock valued at $25,000 after purchasing an additional 271 shares during the last quarter. Cetera Advisor Networks LLC boosted its stake in Invesco Dynamic Food & Beverage ETF by 9.6% in the first quarter. Cetera Advisor Networks LLC now owns 5,696 shares of the company’s stock valued at $263,000 after acquiring an additional 500 shares during the last quarter. Bison Wealth LLC bought a new position in Invesco Dynamic Food & Beverage ETF in the second quarter valued at approximately $33,000. Avantax Advisory Services Inc. boosted its stake in Invesco Dynamic Food & Beverage ETF by 4.0% in the second quarter. Avantax Advisory Services Inc. now owns 25,623 shares of the company’s stock valued at $1,124,000 after acquiring an additional 974 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in Invesco Dynamic Food & Beverage ETF by 36.0% in the first quarter. Envestnet Asset Management Inc. now owns 9,668 shares of the company’s stock valued at $447,000 after acquiring an additional 2,557 shares during the last quarter.

Invesco Dynamic Food & Beverage ETF Stock Up 0.6 %

Shares of PBJ stock opened at $46.83 on Monday. Invesco Dynamic Food & Beverage ETF has a 52-week low of $41.39 and a 52-week high of $49.46. The firm’s 50 day moving average price is $44.64 and its two-hundred day moving average price is $44.92.

Invesco Dynamic Food & Beverage ETF Company Profile

(Get Rating)

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.

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Institutional Ownership by Quarter for Invesco Dynamic Food & Beverage ETF (NYSEARCA:PBJ)

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