Janney Montgomery Scott LLC Reduces Stock Holdings in Invesco Dynamic Food & Beverage ETF (NYSEARCA:PBJ)

Janney Montgomery Scott LLC trimmed its holdings in shares of Invesco Dynamic Food & Beverage ETF (NYSEARCA:PBJGet Rating) by 7.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 15,960 shares of the company’s stock after selling 1,258 shares during the period. Janney Montgomery Scott LLC’s holdings in Invesco Dynamic Food & Beverage ETF were worth $670,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. UBS Group AG grew its stake in Invesco Dynamic Food & Beverage ETF by 393.2% during the 2nd quarter. UBS Group AG now owns 197,123 shares of the company’s stock valued at $8,648,000 after purchasing an additional 157,155 shares during the last quarter. LPL Financial LLC grew its stake in Invesco Dynamic Food & Beverage ETF by 86.7% during the 2nd quarter. LPL Financial LLC now owns 164,429 shares of the company’s stock valued at $7,213,000 after purchasing an additional 76,367 shares during the last quarter. Private Advisor Group LLC grew its stake in Invesco Dynamic Food & Beverage ETF by 20.4% during the 3rd quarter. Private Advisor Group LLC now owns 104,987 shares of the company’s stock valued at $4,411,000 after purchasing an additional 17,773 shares during the last quarter. Raymond James & Associates grew its stake in Invesco Dynamic Food & Beverage ETF by 3.6% during the 3rd quarter. Raymond James & Associates now owns 103,777 shares of the company’s stock valued at $4,360,000 after purchasing an additional 3,622 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its stake in Invesco Dynamic Food & Beverage ETF by 159.3% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 73,214 shares of the company’s stock valued at $3,212,000 after purchasing an additional 44,976 shares during the last quarter.

Invesco Dynamic Food & Beverage ETF Price Performance

Shares of PBJ stock opened at $45.36 on Friday. The business has a 50-day simple moving average of $46.74 and a 200-day simple moving average of $45.65. Invesco Dynamic Food & Beverage ETF has a 52-week low of $41.86 and a 52-week high of $49.46.

About Invesco Dynamic Food & Beverage ETF

(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.

See Also

Want to see what other hedge funds are holding PBJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Dynamic Food & Beverage ETF (NYSEARCA:PBJGet Rating).

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

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