Invesco Aerospace & Defense ETF $PPA Shares Sold by Green Ridge Wealth Planning LLC

Green Ridge Wealth Planning LLC decreased its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 21.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,817 shares of the company’s stock after selling 6,369 shares during the period. Invesco Aerospace & Defense ETF comprises 1.7% of Green Ridge Wealth Planning LLC’s investment portfolio, making the stock its 17th biggest position. Green Ridge Wealth Planning LLC’s holdings in Invesco Aerospace & Defense ETF were worth $4,031,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of PPA. Ashton Thomas Securities LLC acquired a new position in shares of Invesco Aerospace & Defense ETF in the fourth quarter valued at approximately $1,919,000. Western Wealth Management LLC lifted its holdings in Invesco Aerospace & Defense ETF by 59.7% during the 4th quarter. Western Wealth Management LLC now owns 13,152 shares of the company’s stock worth $2,060,000 after buying an additional 4,917 shares in the last quarter. Kestra Private Wealth Services LLC boosted its position in Invesco Aerospace & Defense ETF by 50.9% in the 4th quarter. Kestra Private Wealth Services LLC now owns 12,176 shares of the company’s stock valued at $1,907,000 after buying an additional 4,105 shares during the period. Kovack Advisors Inc. grew its stake in shares of Invesco Aerospace & Defense ETF by 964.9% in the fourth quarter. Kovack Advisors Inc. now owns 43,084 shares of the company’s stock worth $6,748,000 after acquiring an additional 39,038 shares in the last quarter. Finally, Brookwood Investment Group LLC acquired a new position in shares of Invesco Aerospace & Defense ETF in the fourth quarter worth $535,000.

Invesco Aerospace & Defense ETF Trading Up 1.0%

Invesco Aerospace & Defense ETF stock opened at $183.78 on Friday. Invesco Aerospace & Defense ETF has a twelve month low of $143.44 and a twelve month high of $186.30. The stock’s fifty day simple moving average is $174.56 and its 200-day simple moving average is $173.86. The firm has a market capitalization of $8.70 billion, a P/E ratio of 30.91 and a beta of 0.74.

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.