Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Shares Sold by Advisory Services Network LLC

Advisory Services Network LLC decreased its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 4.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,057 shares of the company’s stock after selling 365 shares during the quarter. Advisory Services Network LLC’s holdings in Invesco Aerospace & Defense ETF were worth $924,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Raymond James Financial Inc. bought a new position in shares of Invesco Aerospace & Defense ETF during the fourth quarter valued at approximately $63,049,000. Intellus Advisors LLC acquired a new position in Invesco Aerospace & Defense ETF during the 4th quarter valued at approximately $7,583,000. Prasad Wealth Partners LLC bought a new position in Invesco Aerospace & Defense ETF during the 4th quarter worth $6,828,000. Permanent Capital Management LP acquired a new stake in Invesco Aerospace & Defense ETF in the fourth quarter worth $6,669,000. Finally, Corient Private Wealth LLC lifted its stake in Invesco Aerospace & Defense ETF by 2,892.3% in the fourth quarter. Corient Private Wealth LLC now owns 57,453 shares of the company’s stock valued at $6,592,000 after buying an additional 55,533 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Performance

Shares of PPA opened at $115.40 on Monday. The firm has a fifty day moving average of $115.94 and a 200-day moving average of $117.29. The company has a market cap of $4.52 billion, a price-to-earnings ratio of 28.07 and a beta of 0.95. Invesco Aerospace & Defense ETF has a 1 year low of $97.64 and a 1 year high of $124.89.

Invesco Aerospace & Defense ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a dividend of $0.0489 per share. The ex-dividend date was Monday, March 24th.

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.