Oppenheimer & Co. Inc. Sells 855 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Oppenheimer & Co. Inc. lowered its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 2.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 32,292 shares of the company’s stock after selling 855 shares during the quarter. Oppenheimer & Co. Inc. owned about 0.10% of Invesco Aerospace & Defense ETF worth $3,705,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Howe & Rusling Inc. purchased a new position in Invesco Aerospace & Defense ETF during the third quarter valued at $27,000. Glass Jacobson Investment Advisors llc lifted its position in Invesco Aerospace & Defense ETF by 50.5% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock valued at $35,000 after acquiring an additional 102 shares during the period. Assetmark Inc. bought a new stake in Invesco Aerospace & Defense ETF during the third quarter worth about $54,000. Continuum Advisory LLC grew its holdings in Invesco Aerospace & Defense ETF by 47.6% in the third quarter. Continuum Advisory LLC now owns 465 shares of the company’s stock worth $55,000 after purchasing an additional 150 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. increased its stake 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 in the last quarter.

Invesco Aerospace & Defense ETF Stock Up 1.2 %

Shares of PPA opened at $116.71 on Friday. The stock has a market cap of $4.69 billion, a P/E ratio of 27.41 and a beta of 0.96. The business’s 50 day moving average price is $117.71 and its 200-day moving average price is $116.43. Invesco Aerospace & Defense ETF has a 52 week low of $97.28 and a 52 week high of $124.89.

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.