Stratos Wealth Advisors LLC Has $2.45 Million Stock Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Stratos Wealth Advisors LLC reduced its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 0.6% during the third quarter, Holdings Channel reports. The institutional investor owned 21,345 shares of the company’s stock after selling 125 shares during the period. Stratos Wealth Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $2,454,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its position in shares of Invesco Aerospace & Defense ETF by 4.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,316 shares of the company’s stock worth $490,000 after purchasing an additional 221 shares during the period. NBC Securities Inc. lifted its stake in shares of Invesco Aerospace & Defense ETF by 33.9% in the first quarter. NBC Securities Inc. now owns 3,116 shares of the company’s stock valued at $316,000 after buying an additional 789 shares in the last quarter. Banque Cantonale Vaudoise grew its holdings in shares of Invesco Aerospace & Defense ETF by 30.8% during the first quarter. Banque Cantonale Vaudoise now owns 1,700 shares of the company’s stock valued at $173,000 after buying an additional 400 shares during the last quarter. &PARTNERS bought a new stake in shares of Invesco Aerospace & Defense ETF during the first quarter worth about $820,000. Finally, Brookstone Capital Management raised its holdings in shares of Invesco Aerospace & Defense ETF by 22.9% in the 1st quarter. Brookstone Capital Management now owns 10,075 shares of the company’s stock worth $1,023,000 after acquiring an additional 1,879 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA PPA opened at $119.29 on Friday. The stock has a market cap of $3.72 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a fifty-two week low of $79.33 and a fifty-two week high of $119.38. The firm’s 50-day simple moving average is $113.03 and its 200 day simple moving average is $106.87.

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.