StoneX Group Inc. Sells 1,523 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

StoneX Group Inc. decreased its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 9.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 15,335 shares of the company’s stock after selling 1,523 shares during the period. StoneX Group Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $1,759,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in PPA. Runnymede Capital Advisors Inc. bought a new position in shares of Invesco Aerospace & Defense ETF in the 4th quarter worth about $25,000. Glass Jacobson Investment Advisors llc grew its holdings in Invesco Aerospace & Defense ETF by 50.5% in the third quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock worth $35,000 after purchasing an additional 102 shares during the period. Continuum Advisory LLC increased its stake in shares of Invesco Aerospace & Defense ETF by 47.6% during the third quarter. Continuum Advisory LLC now owns 465 shares of the company’s stock valued at $55,000 after purchasing an additional 150 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Invesco Aerospace & Defense ETF by 41.7% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 584 shares of the company’s stock valued at $67,000 after purchasing an additional 172 shares during the last quarter. Finally, Assetmark Inc. lifted its holdings in shares of Invesco Aerospace & Defense ETF by 29.9% during the fourth quarter. Assetmark Inc. now owns 608 shares of the company’s stock valued at $70,000 after purchasing an additional 140 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Up 0.6 %

Invesco Aerospace & Defense ETF stock opened at $117.30 on Wednesday. The stock’s 50 day moving average is $117.81 and its 200 day moving average is $117.44. The company has a market capitalization of $4.60 billion, a P/E ratio of 28.07 and a beta of 0.95. Invesco Aerospace & Defense ETF has a twelve month low of $97.64 and a twelve month high of $124.89.

Invesco Aerospace & Defense ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a dividend of $0.0489 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.