Comprehensive Financial Consultants Institutional Inc. Cuts Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Comprehensive Financial Consultants Institutional Inc. lowered its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 2.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,210 shares of the company’s stock after selling 122 shares during the quarter. Comprehensive Financial Consultants Institutional Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $484,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. BNP Paribas Financial Markets purchased a new stake in Invesco Aerospace & Defense ETF during the first quarter valued at about $233,000. Envestnet Portfolio Solutions Inc. purchased a new position in shares of Invesco Aerospace & Defense ETF during the 1st quarter valued at about $241,000. SG Americas Securities LLC bought a new stake in Invesco Aerospace & Defense ETF in the 1st quarter worth approximately $383,000. PFG Advisors bought a new stake in Invesco Aerospace & Defense ETF in the 1st quarter worth approximately $229,000. Finally, Avantax Advisory Services Inc. boosted its stake in Invesco Aerospace & Defense ETF by 11.9% in the first quarter. Avantax Advisory Services Inc. now owns 42,457 shares of the company’s stock worth $4,312,000 after buying an additional 4,515 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Performance

PPA stock opened at $119.64 on Friday. The company has a market capitalization of $3.73 billion, a PE ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a one year low of $83.32 and a one year high of $120.89. The company’s 50 day moving average price is $114.81 and its two-hundred day moving average price is $108.49.

Invesco Aerospace & Defense ETF Company 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.