Kestra Private Wealth Services LLC Has $377,000 Holdings in Invesco Food & Beverage ETF (NYSEARCA:PBJ)

Kestra Private Wealth Services LLC trimmed its position in shares of Invesco Food & Beverage ETF (NYSEARCA:PBJ) by 15.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,219 shares of the company’s stock after selling 1,554 shares during the period. Kestra Private Wealth Services LLC owned approximately 0.14% of Invesco Food & Beverage ETF worth $377,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. NBC Securities Inc. bought a new stake in shares of Invesco Food & Beverage ETF during the 3rd quarter worth $26,000. International Assets Investment Management LLC bought a new position in shares of Invesco Food & Beverage ETF in the fourth quarter worth about $92,000. Valicenti Advisory Services Inc. acquired a new stake in shares of Invesco Food & Beverage ETF in the 4th quarter valued at approximately $277,000. Nilsine Partners LLC boosted its stake in shares of Invesco Food & Beverage ETF by 2.1% in the 3rd quarter. Nilsine Partners LLC now owns 27,814 shares of the company’s stock valued at $1,178,000 after purchasing an additional 569 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its holdings in shares of Invesco Food & Beverage ETF by 147.8% during the 3rd quarter. Tower Research Capital LLC TRC now owns 28,592 shares of the company’s stock valued at $1,211,000 after purchasing an additional 17,055 shares during the last quarter.

Invesco Food & Beverage ETF Price Performance

PBJ stock opened at $48.25 on Wednesday. Invesco Food & Beverage ETF has a 1 year low of $40.05 and a 1 year high of $49.00. The stock has a market cap of $130.28 million, a price-to-earnings ratio of 18.56 and a beta of 0.55. The company has a 50 day simple moving average of $47.74 and a 200 day simple moving average of $45.61.

Invesco Food & Beverage ETF Company 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.