Corient Private Wealth LLC Has $12.29 Million Stock Holdings in Invesco Aerospace & Defense ETF $PPA

Corient Private Wealth LLC trimmed its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 45.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,491 shares of the company’s stock after selling 65,344 shares during the quarter. Corient Private Wealth LLC owned about 0.18% of Invesco Aerospace & Defense ETF worth $12,295,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of Montreal Can raised its position in shares of Invesco Aerospace & Defense ETF by 0.4% in the fourth quarter. Bank of Montreal Can now owns 13,265 shares of the company’s stock valued at $2,078,000 after purchasing an additional 58 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Invesco Aerospace & Defense ETF by 0.7% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 8,481 shares of the company’s stock worth $1,328,000 after buying an additional 60 shares during the period. Sanctuary Advisors LLC boosted its holdings in shares of Invesco Aerospace & Defense ETF by 0.5% during the 4th quarter. Sanctuary Advisors LLC now owns 11,237 shares of the company’s stock worth $1,760,000 after buying an additional 61 shares during the period. Advisors Capital Management LLC grew its stake in Invesco Aerospace & Defense ETF by 2.3% in the 4th quarter. Advisors Capital Management LLC now owns 2,731 shares of the company’s stock valued at $428,000 after buying an additional 62 shares during the last quarter. Finally, Vontobel Holding Ltd. grew its stake in Invesco Aerospace & Defense ETF by 3.0% in the 4th quarter. Vontobel Holding Ltd. now owns 2,134 shares of the company’s stock valued at $334,000 after buying an additional 63 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Down 0.5%

Invesco Aerospace & Defense ETF stock opened at $171.73 on Wednesday. The company’s 50-day moving average price is $171.27 and its two-hundred day moving average price is $170.61. The stock has a market cap of $8.21 billion, a P/E ratio of 30.91 and a beta of 0.73. Invesco Aerospace & Defense ETF has a twelve month low of $135.21 and a twelve month high of $186.30.

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.