B. Riley Wealth Advisors Inc. Sells 94 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

B. Riley Wealth Advisors Inc. trimmed its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 4.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,096 shares of the company’s stock after selling 94 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $241,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Howe & Rusling Inc. bought a new position in shares of Invesco Aerospace & Defense ETF during the 3rd quarter worth approximately $27,000. Glass Jacobson Investment Advisors llc grew its position in Invesco Aerospace & Defense ETF by 50.5% in the third quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock valued at $35,000 after purchasing an additional 102 shares in the last quarter. Eastern Bank acquired a new stake in Invesco Aerospace & Defense ETF in the 3rd quarter valued at $46,000. Assetmark Inc. bought a new stake in Invesco Aerospace & Defense ETF during the 3rd quarter worth about $54,000. Finally, Continuum Advisory LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 47.6% during the 3rd quarter. Continuum Advisory LLC now owns 465 shares of the company’s stock worth $55,000 after buying an additional 150 shares during the last quarter.

Invesco Aerospace & Defense ETF Price Performance

Shares of Invesco Aerospace & Defense ETF stock opened at $116.21 on Friday. Invesco Aerospace & Defense ETF has a 1 year low of $88.87 and a 1 year high of $124.89. The company has a market capitalization of $3.62 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. The business has a fifty day simple moving average of $118.58 and a two-hundred day simple moving average of $111.97.

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.