Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Shares Sold by Diversified Enterprises LLC

Diversified Enterprises LLC lowered its stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 1.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 24,380 shares of the company’s stock after selling 358 shares during the quarter. Diversified Enterprises LLC’s holdings in Invesco Aerospace & Defense ETF were worth $2,797,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in PPA. Assetmark Inc. acquired a new stake in Invesco Aerospace & Defense ETF in the 3rd quarter valued at $54,000. Atria Investments Inc lifted its holdings in Invesco Aerospace & Defense ETF by 10.4% in the 3rd quarter. Atria Investments Inc now owns 2,928 shares of the company’s stock valued at $337,000 after purchasing an additional 276 shares in the last quarter. Harbour Investments Inc. lifted its holdings in Invesco Aerospace & Defense ETF by 2.7% in the 3rd quarter. Harbour Investments Inc. now owns 8,544 shares of the company’s stock valued at $982,000 after purchasing an additional 224 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in Invesco Aerospace & Defense ETF by 6.4% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 33,147 shares of the company’s stock valued at $3,811,000 after purchasing an additional 1,982 shares in the last quarter. Finally, Kovack Advisors Inc. lifted its holdings in Invesco Aerospace & Defense ETF by 6.0% in the 3rd quarter. Kovack Advisors Inc. now owns 2,636 shares of the company’s stock valued at $303,000 after purchasing an additional 150 shares in the last quarter.

Invesco Aerospace & Defense ETF Trading Up 1.6 %

Shares of PPA opened at $115.69 on Friday. The firm has a market cap of $4.56 billion, a P/E ratio of 27.08 and a beta of 0.95. Invesco Aerospace & Defense ETF has a 12-month low of $97.64 and a 12-month high of $124.89. The company’s 50-day moving average price is $117.51 and its 200 day moving average price is $116.74.

About Invesco Aerospace & Defense ETF

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.