Commonwealth Equity Services LLC decreased its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) by 28.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 116,330 shares of the company’s stock after selling 46,601 shares during the period. Commonwealth Equity Services LLC’s holdings in Invesco Aerospace & Defense ETF were worth $13,346,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Howe & Rusling Inc. bought a new position in Invesco Aerospace & Defense ETF in the 3rd quarter worth about $27,000. Glass Jacobson Investment Advisors llc grew its position 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 purchasing an additional 102 shares during the last quarter. Assetmark Inc. bought a new position in Invesco Aerospace & Defense ETF in the 3rd quarter worth about $54,000. Continuum Advisory LLC grew its position 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 purchasing an additional 150 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position 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 purchasing an additional 172 shares during the last quarter.
Invesco Aerospace & Defense ETF Trading Down 0.1 %
NYSEARCA PPA opened at $117.19 on Wednesday. The company has a 50-day moving average price of $117.63 and a two-hundred day moving average price of $116.87. The stock has a market cap of $4.62 billion, a price-to-earnings ratio of 27.08 and a beta of 0.95. Invesco Aerospace & Defense ETF has a 52 week low of $97.64 and a 52 week 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.
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