Great Valley Advisor Group Inc. Cuts Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Great Valley Advisor Group Inc. reduced its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 4.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,456 shares of the company’s stock after selling 1,298 shares during the quarter. Great Valley Advisor Group Inc. owned 0.10% of Invesco Aerospace & Defense ETF worth $3,617,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. LPL Financial LLC increased its holdings in Invesco Aerospace & Defense ETF by 1.5% in the 3rd quarter. LPL Financial LLC now owns 1,392,972 shares of the company’s stock worth $160,150,000 after acquiring an additional 20,169 shares in the last quarter. Miracle Mile Advisors LLC increased its stake in shares of Invesco Aerospace & Defense ETF by 2.8% during the second quarter. Miracle Mile Advisors LLC now owns 581,554 shares of the company’s stock worth $59,737,000 after purchasing an additional 15,567 shares in the last quarter. Axxcess Wealth Management LLC raised its position in shares of Invesco Aerospace & Defense ETF by 3.3% during the 3rd quarter. Axxcess Wealth Management LLC now owns 347,210 shares of the company’s stock worth $39,919,000 after purchasing an additional 11,122 shares during the last quarter. Raymond James & Associates lifted its stake in Invesco Aerospace & Defense ETF by 20.8% in the 3rd quarter. Raymond James & Associates now owns 292,618 shares of the company’s stock valued at $33,642,000 after buying an additional 50,360 shares in the last quarter. Finally, International Assets Investment Management LLC boosted its holdings in Invesco Aerospace & Defense ETF by 10,225.1% in the 3rd quarter. International Assets Investment Management LLC now owns 278,674 shares of the company’s stock worth $32,039,000 after buying an additional 275,975 shares during the last quarter.

Invesco Aerospace & Defense ETF Trading Up 1.2 %

NYSEARCA:PPA opened at $121.04 on Friday. The firm has a market cap of $3.77 billion, a P/E ratio of 33.87 and a beta of 0.73. The stock has a 50 day moving average of $116.95 and a two-hundred day moving average of $109.95. Invesco Aerospace & Defense ETF has a 12 month low of $86.53 and a 12 month high of $124.89.

Invesco Aerospace & Defense ETF Profile

PowerShares Aerospace & Defense Portfolio (Fund) seeks investment results that correspond generally to the price and yield of the SPADE Defense Index (the Index). The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of the United States defense, homeland security and aerospace operations.