EverSource Wealth Advisors LLC Has $143,000 Stake in Invesco Aerospace & Defense ETF $PPA

EverSource Wealth Advisors LLC reduced its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 95.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 913 shares of the company’s stock after selling 17,601 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $143,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Sanctuary Advisors LLC grew its stake in shares of Invesco Aerospace & Defense ETF by 0.5% during the fourth quarter. Sanctuary Advisors LLC now owns 11,237 shares of the company’s stock valued at $1,760,000 after purchasing an additional 61 shares during the last quarter. Advisors Capital Management LLC grew its stake in shares of Invesco Aerospace & Defense ETF by 2.3% during the fourth quarter. Advisors Capital Management LLC now owns 2,731 shares of the company’s stock valued at $428,000 after purchasing an additional 62 shares during the last quarter. McCollum Christoferson Group LLC grew its stake in shares of Invesco Aerospace & Defense ETF by 4.1% during the fourth quarter. McCollum Christoferson Group LLC now owns 1,925 shares of the company’s stock valued at $302,000 after purchasing an additional 75 shares during the last quarter. Smith Moore & CO. grew its stake in shares of Invesco Aerospace & Defense ETF by 3.3% during the third quarter. Smith Moore & CO. now owns 2,425 shares of the company’s stock valued at $377,000 after purchasing an additional 78 shares during the last quarter. Finally, BOK Financial Private Wealth Inc. grew its stake in shares of Invesco Aerospace & Defense ETF by 84.2% during the third quarter. BOK Financial Private Wealth Inc. now owns 175 shares of the company’s stock valued at $27,000 after purchasing an additional 80 shares during the last quarter.

Invesco Aerospace & Defense ETF Price Performance

PPA opened at $177.59 on Monday. Invesco Aerospace & Defense ETF has a one year low of $131.50 and a one year high of $186.30. The company’s 50 day simple moving average is $170.10 and its 200-day simple moving average is $167.80. The stock has a market capitalization of $8.49 billion, a P/E ratio of 30.91 and a beta of 0.72.

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.