Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Shares Sold by Florida Financial Advisors LLC

Florida Financial Advisors LLC cut its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 29.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,021 shares of the company’s stock after selling 1,257 shares during the period. Florida Financial Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $352,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Aurora Private Wealth Inc. raised its stake in shares of Invesco Aerospace & Defense ETF by 11,555.0% in the 1st quarter. Aurora Private Wealth Inc. now owns 273,543 shares of the company’s stock valued at $31,881,000 after acquiring an additional 271,196 shares during the period. Investment Management Corp VA ADV acquired a new stake in Invesco Aerospace & Defense ETF in the 4th quarter valued at approximately $10,251,000. Intellus Advisors LLC purchased a new stake in Invesco Aerospace & Defense ETF in the fourth quarter valued at approximately $7,583,000. Adapt Wealth Advisors LLC acquired a new position in Invesco Aerospace & Defense ETF during the fourth quarter worth $7,190,000. Finally, Focus Partners Wealth boosted its position in shares of Invesco Aerospace & Defense ETF by 145.9% during the fourth quarter. Focus Partners Wealth now owns 100,899 shares of the company’s stock worth $11,576,000 after buying an additional 59,867 shares during the period.

Invesco Aerospace & Defense ETF Trading Up 1.7%

Shares of NYSEARCA PPA opened at $145.19 on Tuesday. The stock has a market capitalization of $5.95 billion, a PE ratio of 30.91 and a beta of 0.98. Invesco Aerospace & Defense ETF has a twelve month low of $100.39 and a twelve month high of $145.60. The stock has a fifty day simple moving average of $134.53 and a 200-day simple moving average of $123.08.

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.