Creative Financial Designs Inc. ADV Trims Stock Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Creative Financial Designs Inc. ADV lowered its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 10.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,055 shares of the company’s stock after selling 3,176 shares during the quarter. Creative Financial Designs Inc. ADV owned 0.09% of Invesco Aerospace & Defense ETF worth $3,219,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Howe & Rusling Inc. purchased a new stake in shares of Invesco Aerospace & Defense ETF during the third quarter valued at $27,000. Glass Jacobson Investment Advisors llc boosted 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 valued at $35,000 after buying an additional 102 shares during the period. Continuum Advisory LLC grew its stake 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 in the last quarter. Assetmark Inc. bought a new stake in shares of Invesco Aerospace & Defense ETF during the third quarter valued at approximately $54,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Invesco Aerospace & Defense ETF by 41.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 584 shares of the company’s stock valued at $67,000 after purchasing an additional 172 shares during the period.

Invesco Aerospace & Defense ETF Stock Up 1.6 %

PPA opened at $115.69 on Monday. The stock’s fifty day moving average is $117.51 and its two-hundred day moving average is $116.81. The company has a market capitalization of $4.56 billion, a P/E 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.