Invesco Aerospace & Defense ETF $PPA Shares Sold by Capital Asset Advisory Services LLC

Capital Asset Advisory Services LLC lowered its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 4.0% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 325,342 shares of the company’s stock after selling 13,424 shares during the quarter. Invesco Aerospace & Defense ETF comprises approximately 2.1% of Capital Asset Advisory Services LLC’s holdings, making the stock its 14th largest holding. Capital Asset Advisory Services LLC owned approximately 0.68% of Invesco Aerospace & Defense ETF worth $57,355,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. eCIO Inc. purchased a new position in shares of Invesco Aerospace & Defense ETF in the 4th quarter valued at $28,000. Binnacle Investments Inc boosted its position in Invesco Aerospace & Defense ETF by 84.2% during the 2nd quarter. Binnacle Investments Inc now owns 210 shares of the company’s stock worth $30,000 after purchasing an additional 96 shares during the period. EPG Wealth Management LLC purchased a new stake in Invesco Aerospace & Defense ETF during the 4th quarter worth $31,000. Y.D. More Investments Ltd increased its holdings in Invesco Aerospace & Defense ETF by 720.0% in the 4th quarter. Y.D. More Investments Ltd now owns 205 shares of the company’s stock valued at $32,000 after purchasing an additional 180 shares in the last quarter. Finally, Bayban acquired a new stake in Invesco Aerospace & Defense ETF in the 4th quarter valued at $38,000.

Invesco Aerospace & Defense ETF Price Performance

NYSEARCA:PPA opened at $177.53 on Thursday. The business’s 50-day moving average is $170.92 and its two-hundred day moving average is $171.52. Invesco Aerospace & Defense ETF has a 12 month low of $138.83 and a 12 month high of $186.30. The firm has a market capitalization of $8.79 billion, a PE ratio of 30.91 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. 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.