Invesco Aerospace & Defense ETF $PPA Shares Sold by KPP Advisory Services LLC

KPP Advisory Services LLC trimmed its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 33.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,806 shares of the company’s stock after selling 11,855 shares during the period. KPP Advisory Services LLC’s holdings in Invesco Aerospace & Defense ETF were worth $3,701,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Axxcess Wealth Management LLC grew its stake in Invesco Aerospace & Defense ETF by 3.4% during the 2nd quarter. Axxcess Wealth Management LLC now owns 358,675 shares of the company’s stock valued at $50,821,000 after purchasing an additional 11,909 shares during the last quarter. Meitav Investment House Ltd. boosted its position in Invesco Aerospace & Defense ETF by 2.1% in the second quarter. Meitav Investment House Ltd. now owns 275,480 shares of the company’s stock valued at $39,033,000 after buying an additional 5,634 shares during the last quarter. Osaic Holdings Inc. increased its holdings in Invesco Aerospace & Defense ETF by 12.1% in the 2nd quarter. Osaic Holdings Inc. now owns 206,410 shares of the company’s stock worth $29,257,000 after buying an additional 22,282 shares during the period. Commonwealth Equity Services LLC increased its holdings in Invesco Aerospace & Defense ETF by 19.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 185,002 shares of the company’s stock worth $28,758,000 after buying an additional 30,441 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in Invesco Aerospace & Defense ETF by 20.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 171,559 shares of the company’s stock worth $24,308,000 after buying an additional 29,528 shares during the last quarter.

Invesco Aerospace & Defense ETF Trading Down 0.9%

Shares of NYSEARCA PPA opened at $175.27 on Tuesday. The company has a 50 day simple moving average of $159.98 and a two-hundred day simple moving average of $153.94. The stock has a market cap of $7.78 billion, a price-to-earnings ratio of 30.91 and a beta of 0.87. Invesco Aerospace & Defense ETF has a 12 month low of $100.39 and a 12 month high of $181.31.

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. 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.