Sunbelt Securities Inc. Trims Stock Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Sunbelt Securities Inc. decreased its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 16.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 792 shares of the company’s stock after selling 151 shares during the quarter. Sunbelt Securities Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $91,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in PPA. Valley Brook Capital Group Inc. grew its position in Invesco Aerospace & Defense ETF by 3.3% during the 3rd quarter. Valley Brook Capital Group Inc. now owns 2,781 shares of the company’s stock worth $320,000 after purchasing an additional 90 shares during the last quarter. XML Financial LLC grew its holdings in shares of Invesco Aerospace & Defense ETF by 3.0% during the third quarter. XML Financial LLC now owns 3,205 shares of the company’s stock worth $368,000 after buying an additional 92 shares during the last quarter. Carr Financial Group Corp increased its position in Invesco Aerospace & Defense ETF by 1.1% in the 3rd quarter. Carr Financial Group Corp now owns 9,650 shares of the company’s stock valued at $1,109,000 after acquiring an additional 102 shares during the period. Glass Jacobson Investment Advisors llc raised its stake in Invesco Aerospace & Defense ETF by 50.5% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock valued at $35,000 after acquiring an additional 102 shares during the last quarter. Finally, Signaturefd LLC raised its stake in Invesco Aerospace & Defense ETF by 19.2% during the 2nd quarter. Signaturefd LLC now owns 664 shares of the company’s stock valued at $68,000 after acquiring an additional 107 shares during the last quarter.

Invesco Aerospace & Defense ETF Trading Up 0.2 %

NYSEARCA:PPA opened at $117.58 on Monday. Invesco Aerospace & Defense ETF has a 12-month low of $88.87 and a 12-month high of $124.89. The stock’s 50 day simple moving average is $118.62 and its 200-day simple moving average is $111.60. The firm has a market cap of $3.66 billion, a P/E ratio of 33.87 and a beta of 0.73.

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.