Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lessened its stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 28.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 116,330 shares of the company’s stock after selling 46,601 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.37% of Invesco Aerospace & Defense ETF worth $13,346,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of PPA. Assetmark Inc. acquired a new stake in shares of Invesco Aerospace & Defense ETF in the 3rd quarter valued at about $54,000. Atria Investments Inc raised its stake in Invesco Aerospace & Defense ETF by 10.4% during the third quarter. Atria Investments Inc now owns 2,928 shares of the company’s stock worth $337,000 after acquiring an additional 276 shares during the period. OneDigital Investment Advisors LLC acquired a new stake in Invesco Aerospace & Defense ETF during the third quarter worth about $208,000. Thrivent Financial for Lutherans raised its stake in Invesco Aerospace & Defense ETF by 11.8% during the third quarter. Thrivent Financial for Lutherans now owns 11,769 shares of the company’s stock worth $1,353,000 after acquiring an additional 1,238 shares during the period. Finally, Prospera Financial Services Inc raised its stake in Invesco Aerospace & Defense ETF by 7.3% during the third quarter. Prospera Financial Services Inc now owns 9,846 shares of the company’s stock worth $1,134,000 after acquiring an additional 670 shares during the period.

Invesco Aerospace & Defense ETF Stock Down 0.1 %

PPA opened at $117.19 on Wednesday. The firm 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 fifty-two week low of $97.64 and a fifty-two week high of $124.89. The company’s 50-day moving average price is $117.63 and its 200 day moving average price is $116.87.

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.