Invesco Aerospace & Defense ETF $PPA Shares Sold by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. trimmed its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 1.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 158,246 shares of the company’s stock after selling 3,057 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $24,786,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC raised its stake in shares of Invesco Aerospace & Defense ETF by 0.5% in the fourth quarter. Sanctuary Advisors LLC now owns 11,237 shares of the company’s stock valued at $1,760,000 after acquiring an additional 61 shares in the last quarter. Advisors Capital Management LLC raised its stake in shares of Invesco Aerospace & Defense ETF by 2.3% in the fourth quarter. Advisors Capital Management LLC now owns 2,731 shares of the company’s stock valued at $428,000 after acquiring an additional 62 shares in the last quarter. McCollum Christoferson Group LLC raised its stake in shares of Invesco Aerospace & Defense ETF by 4.1% in the fourth quarter. McCollum Christoferson Group LLC now owns 1,925 shares of the company’s stock valued at $302,000 after acquiring an additional 75 shares in the last quarter. Smith Moore & CO. raised its stake in shares of Invesco Aerospace & Defense ETF by 3.3% in the third quarter. Smith Moore & CO. now owns 2,425 shares of the company’s stock valued at $377,000 after acquiring an additional 78 shares in the last quarter. Finally, BOK Financial Private Wealth Inc. raised its stake in shares of Invesco Aerospace & Defense ETF by 84.2% in the third quarter. BOK Financial Private Wealth Inc. now owns 175 shares of the company’s stock valued at $27,000 after acquiring an additional 80 shares in the last quarter.

Invesco Aerospace & Defense ETF Trading Up 1.2%

Shares of NYSEARCA PPA opened at $166.52 on Tuesday. The stock has a market cap of $7.96 billion, a P/E ratio of 30.91 and a beta of 0.72. Invesco Aerospace & Defense ETF has a 12-month low of $128.11 and a 12-month high of $186.30. The business’s fifty day simple moving average is $171.02 and its 200-day simple moving average is $166.78.

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. The modified market-cap portfolio is rebalanced quarterly and reconstituted annually. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.