Raymond James & Associates Acquires 1,146 Shares of Invesco Dynamic Food & Beverage ETF (NYSEARCA:PBJ)

Raymond James & Associates grew its holdings in shares of Invesco Dynamic Food & Beverage ETF (NYSEARCA:PBJ – Get Rating) by 1.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,923 shares of the company’s stock after buying an additional 1,146 shares during the quarter. Raymond James & Associates owned approximately 1.29% of Invesco Dynamic Food & Beverage ETF worth $4,790,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of PBJ. JPMorgan Chase & Co. increased its stake in shares of Invesco Dynamic Food & Beverage ETF by 97.1% during the 1st quarter. JPMorgan Chase & Co. now owns 550 shares of the company’s stock worth $25,000 after purchasing an additional 271 shares during the last quarter. Cambridge Investment Research Advisors Inc. acquired a new position in Invesco Dynamic Food & Beverage ETF in the 1st quarter valued at about $1,304,000. Cetera Advisor Networks LLC grew its stake in Invesco Dynamic Food & Beverage ETF by 9.6% in the 1st quarter. Cetera Advisor Networks LLC now owns 5,696 shares of the company’s stock valued at $263,000 after buying an additional 500 shares during the last quarter. Cetera Investment Advisers acquired a new position in Invesco Dynamic Food & Beverage ETF in the 1st quarter valued at about $1,588,000. Finally, Equitable Holdings Inc. grew its stake in Invesco Dynamic Food & Beverage ETF by 186.1% in the 1st quarter. Equitable Holdings Inc. now owns 23,802 shares of the company’s stock valued at $1,099,000 after buying an additional 15,483 shares during the last quarter.

Invesco Dynamic Food & Beverage ETF Stock Performance

Shares of PBJ opened at $46.36 on Wednesday. Invesco Dynamic Food & Beverage ETF has a 52 week low of $41.86 and a 52 week high of $48.54. The firm has a market cap of $326.37 million, a P/E ratio of 15.39 and a beta of 0.63. The firm’s 50-day simple moving average is $46.35 and its 200 day simple moving average is $46.29.

Invesco Dynamic Food & Beverage ETF Company Profile

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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.