Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Shares Sold by Sunbelt Securities Inc.

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

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Howe & Rusling Inc. acquired a new position in Invesco Aerospace & Defense ETF during the third quarter worth $27,000. Glass Jacobson Investment Advisors llc increased its stake in shares of Invesco Aerospace & Defense ETF by 50.5% during the third quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock worth $35,000 after purchasing an additional 102 shares in the last quarter. Eastern Bank acquired a new position in shares of Invesco Aerospace & Defense ETF during the 3rd quarter worth about $46,000. Assetmark Inc. purchased a new position in Invesco Aerospace & Defense ETF in the 3rd quarter valued at about $54,000. Finally, Continuum Advisory LLC boosted its holdings in Invesco Aerospace & Defense ETF by 47.6% in the 3rd quarter. Continuum Advisory LLC now owns 465 shares of the company’s stock worth $55,000 after buying an additional 150 shares during the last quarter.

Invesco Aerospace & Defense ETF Trading Up 0.2 %

NYSEARCA:PPA opened at $117.58 on Monday. The stock has a 50 day moving average of $118.62 and a two-hundred day moving average of $111.60. Invesco Aerospace & Defense ETF has a 12 month low of $88.87 and a 12 month high of $124.89. 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 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.