Pettinga Financial Advisors LLC Sells 300 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Pettinga Financial Advisors LLC reduced its stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 4.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,895 shares of the company’s stock after selling 300 shares during the period. Pettinga Financial Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $606,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in PPA. &PARTNERS grew its position in shares of Invesco Aerospace & Defense ETF by 44.2% during the 2nd quarter. &PARTNERS now owns 11,648 shares of the company’s stock worth $1,196,000 after buying an additional 3,573 shares during the period. Bridge Advisory LLC increased its stake in Invesco Aerospace & Defense ETF by 7.3% in the second quarter. Bridge Advisory LLC now owns 10,392 shares of the company’s stock valued at $1,067,000 after purchasing an additional 705 shares in the last quarter. XML Financial LLC increased its stake in Invesco Aerospace & Defense ETF by 6.6% in the second quarter. XML Financial LLC now owns 3,113 shares of the company’s stock valued at $320,000 after purchasing an additional 192 shares in the last quarter. Atria Wealth Solutions Inc. raised its holdings in Invesco Aerospace & Defense ETF by 7.5% in the second quarter. Atria Wealth Solutions Inc. now owns 31,203 shares of the company’s stock worth $3,205,000 after purchasing an additional 2,185 shares during the period. Finally, Legacy Capital Group California Inc. bought a new position in shares of Invesco Aerospace & Defense ETF during the second quarter worth $280,000.

Invesco Aerospace & Defense ETF Stock Up 0.5 %

Shares of PPA traded up $0.61 during trading hours on Friday, reaching $111.53. The stock had a trading volume of 119,266 shares, compared to its average volume of 147,838. The company has a market cap of $3.47 billion, a P/E ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 52 week low of $77.50 and a 52 week high of $111.89. The firm has a 50-day moving average of $105.87 and a 200 day moving average of $102.40.

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.