Lindbrook Capital LLC Lowers Stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Lindbrook Capital LLC lessened its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 0.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 34,640 shares of the company’s stock after selling 151 shares during the quarter. Lindbrook Capital LLC’s holdings in Invesco Aerospace & Defense ETF were worth $3,974,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Howe & Rusling Inc. purchased a new position in Invesco Aerospace & Defense ETF in the 3rd quarter worth $27,000. Glass Jacobson Investment Advisors llc grew its holdings in Invesco Aerospace & Defense ETF by 50.5% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock worth $35,000 after acquiring an additional 102 shares during the last quarter. Assetmark Inc. bought a new stake in Invesco Aerospace & Defense ETF in the 3rd quarter worth $54,000. Continuum Advisory LLC grew its holdings in Invesco Aerospace & Defense ETF by 47.6% in the 3rd quarter. Continuum Advisory LLC now owns 465 shares of the company’s stock worth $55,000 after acquiring an additional 150 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings in Invesco Aerospace & Defense ETF by 41.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 584 shares of the company’s stock worth $67,000 after acquiring an additional 172 shares during the last quarter.

Invesco Aerospace & Defense ETF Trading Up 2.5 %

Shares of PPA opened at $116.40 on Thursday. The firm’s 50-day moving average price is $117.63 and its 200-day moving average price is $116.60. The firm has a market capitalization of $4.68 billion, a price-to-earnings ratio of 27.41 and a beta of 0.96. Invesco Aerospace & Defense ETF has a 1-year low of $97.53 and a 1-year high of $124.89.

About Invesco Aerospace & Defense ETF

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.