IAM Advisory LLC trimmed its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) by 14.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,508 shares of the company’s stock after selling 420 shares during the period. IAM Advisory LLC’s holdings in Invesco Aerospace & Defense ETF were worth $288,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of PPA. Envestnet Asset Management Inc. grew its position in Invesco Aerospace & Defense ETF by 10.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 214,828 shares of the company’s stock worth $22,067,000 after purchasing an additional 20,682 shares during the period. Blair William & Co. IL lifted its holdings in Invesco Aerospace & Defense ETF by 17.6% in the second quarter. Blair William & Co. IL now owns 10,051 shares of the company’s stock valued at $1,032,000 after acquiring an additional 1,502 shares during the period. Thrivent Financial for Lutherans boosted its position in Invesco Aerospace & Defense ETF by 34.4% in the second quarter. Thrivent Financial for Lutherans now owns 10,531 shares of the company’s stock worth $1,082,000 after purchasing an additional 2,694 shares during the last quarter. Beck Capital Management LLC increased its position in shares of Invesco Aerospace & Defense ETF by 1.4% during the 2nd quarter. Beck Capital Management LLC now owns 69,570 shares of the company’s stock valued at $7,146,000 after purchasing an additional 985 shares during the last quarter. Finally, Marshall Wace LLP bought a new position in shares of Invesco Aerospace & Defense ETF in the 2nd quarter worth approximately $209,000.
Invesco Aerospace & Defense ETF Trading Up 0.7 %
Shares of NYSEARCA PPA opened at $119.51 on Friday. Invesco Aerospace & Defense ETF has a 12-month low of $89.17 and a 12-month high of $124.89. The firm has a market capitalization of $3.72 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. The firm has a 50 day moving average of $117.95 and a 200 day moving average of $113.72.
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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