PBJ β€” INVESCO EXCHANGE TRADED FD T

Ownership history in HOWE & RUSLING INC  Β·  14 quarters on record

This page tracks every 13F SEC filing in which HOWE & RUSLING INC reported a position in INVESCO EXCHANGE TRADED FD T (PBJ). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.29% (2023 Q1)
πŸ“Š Avg. % of fund
0.21%
πŸ“… First filed
2022 Q3
πŸ“… Last filed
2025 Q4
⏱ Quarters held
14

Position Intelligence

HOWE & RUSLING INC Γ— PBJ AI Analytics

πŸ“‰ HOWE & RUSLING INC underperformed the S&P 500 by –18.0% annually on this PBJ position. Timing score: 62% (8/13 decisions correct). Average cost basis: $41.80. Maximum drawdown during holding period: –7.8%.

πŸ“ˆ Position Alpha vs SPY
-18.0%
annualised excess return

❌ Significantly underperformed the S&P 500 by 18.0% ann.
13 quarters analyzed

⏱️ Timing Score
62%

βœ… Decent timing β€” more right than wrong on entries and exits.
8 of 13 add/trim decisions correct

πŸ’° Entry Quality
$41.80
+6.8% vs current ($44.65)

Best entry: $39.54 (2022 Q3)  Β·  Worst: $47.17 (2024 Q3)

πŸ›‘οΈ Drawdown Resilience
–7.8%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
50%
buy-side decisions

7 adds Β· 7 trims. Bought during 2 of 7 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.13% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    PBJ price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 REDUCED 42,327 -4,348 -9.3% 0.13% $1.9M $44.65
2025 Q3 REDUCED 46,675 -2,424 -4.9% 0.15% $2.1M $45.59
2025 Q2 ADDED 49,099 +2,167 +4.6% 0.17% $2.3M $46.84
2025 Q1 ADDED 46,932 +1,251 +2.7% 0.18% $2.2M $45.23
2024 Q4 REDUCED 45,681 -1,541 -3.3% 0.18% $2.1M $45.51
2024 Q3 ADDED 47,222 +222 +0.5% 0.20% $2.3M $47.17
2024 Q2 REDUCED 47,000 -3,140 -6.3% 0.20% $2.1M $44.41
2024 Q1 REDUCED 50,140 -1,097 -2.1% 0.23% $2.4M $47.25
2023 Q4 REDUCED 51,237 -1,455 -2.8% 0.25% $2.3M $44.40
2023 Q3 ADDED 52,692 +475 +0.9% 0.26% $2.2M $40.82
4 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history

🏒 Other funds also holding PBJ

As of 2025 Q4 β€” sorted by position size

Mainsail Financial Group, LLC 3Y 1.87% Sage Capital Management, LLC 0.89% Bright Futures Wealth Management, LLC. 0.44% Kingsview Wealth Management, LLC 3Y 0.22% Phoenix Wealth Advisors 3Y 0.1% CALDWELL SUTTER CAPITAL, INC. 3Y 0.06% Kovack Advisors, Inc. 3Y 7Y 0.02% WEDBUSH SECURITIES INC 3Y 7Y 0.01% PRINCIPAL SECURITIES, INC. 0.01% IHT Wealth Management, LLC 3Y 7Y 0.01%
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