Baird Financial Group Inc. Takes $601,000 Position in Invesco Dynamic Food & Beverage ETF (NYSEARCA:PBJ)

Baird Financial Group Inc. acquired a new stake in shares of Invesco Dynamic Food & Beverage ETF (NYSEARCA:PBJGet Rating) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 13,707 shares of the company’s stock, valued at approximately $601,000. Baird Financial Group Inc. owned about 0.21% of Invesco Dynamic Food & Beverage ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in PBJ. JPMorgan Chase & Co. raised its position in Invesco Dynamic Food & Beverage ETF by 97.1% in the first quarter. JPMorgan Chase & Co. now owns 550 shares of the company’s stock worth $25,000 after purchasing an additional 271 shares in the last quarter. Bison Wealth LLC acquired a new position in Invesco Dynamic Food & Beverage ETF in the second quarter worth about $33,000. Advisors Preferred LLC acquired a new position in Invesco Dynamic Food & Beverage ETF in the first quarter worth about $148,000. Belpointe Asset Management LLC acquired a new position in Invesco Dynamic Food & Beverage ETF in the second quarter worth about $172,000. Finally, 1832 Asset Management L.P. acquired a new position in Invesco Dynamic Food & Beverage ETF in the first quarter worth about $178,000.

Invesco Dynamic Food & Beverage ETF Price Performance

NYSEARCA:PBJ opened at $46.83 on Monday. Invesco Dynamic Food & Beverage ETF has a 12-month low of $41.39 and a 12-month high of $49.46. The firm has a 50-day moving average price of $44.64 and a 200 day moving average price of $44.92.

About Invesco Dynamic Food & Beverage ETF

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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.

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

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