Benjamin Edwards Inc. Sells 4,600 Shares of Invesco Aerospace & Defense ETF $PPA

Benjamin Edwards Inc. lessened its stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 42.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,226 shares of the company’s stock after selling 4,600 shares during the period. Benjamin Edwards Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $1,101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Bank of Montreal Can lifted its position in shares of Invesco Aerospace & Defense ETF by 0.4% during the fourth quarter. Bank of Montreal Can now owns 13,265 shares of the company’s stock valued at $2,078,000 after buying an additional 58 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its position in shares of Invesco Aerospace & Defense ETF by 0.7% in 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 last quarter. Vontobel Holding Ltd. grew its position in shares of Invesco Aerospace & Defense ETF by 3.0% in the 4th quarter. Vontobel Holding Ltd. now owns 2,134 shares of the company’s stock worth $334,000 after buying an additional 63 shares during the last quarter. Modera Wealth Management LLC lifted its position in Invesco Aerospace & Defense ETF by 3.8% during the first quarter. Modera Wealth Management LLC now owns 2,347 shares of the company’s stock valued at $389,000 after acquiring an additional 86 shares during the last quarter. Finally, Binnacle Investments Inc grew its holdings in Invesco Aerospace & Defense ETF by 84.2% in the second quarter. Binnacle Investments Inc now owns 210 shares of the company’s stock worth $30,000 after purchasing an additional 96 shares during the last quarter.

Invesco Aerospace & Defense ETF Trading Down 1.4%

Shares of PPA opened at $165.12 on Wednesday. The firm has a market cap of $7.82 billion, a PE ratio of 30.91 and a beta of 0.74. Invesco Aerospace & Defense ETF has a 12 month low of $144.29 and a 12 month high of $186.30. The stock has a fifty day moving average price of $175.69 and a 200-day moving average price of $173.96.

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. 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.