Essex Financial Services Inc. Has $517,000 Stock Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Essex Financial Services Inc. decreased its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 9.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,503 shares of the company’s stock after selling 455 shares during the period. Essex Financial Services Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $517,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in PPA. Valley Brook Capital Group Inc. raised its holdings in shares of Invesco Aerospace & Defense ETF by 3.3% during the third quarter. Valley Brook Capital Group Inc. now owns 2,781 shares of the company’s stock valued at $320,000 after purchasing an additional 90 shares during the period. XML Financial LLC increased its position in Invesco Aerospace & Defense ETF by 3.0% in the 3rd quarter. XML Financial LLC now owns 3,205 shares of the company’s stock valued at $368,000 after buying an additional 92 shares in the last quarter. Carr Financial Group Corp raised its stake in Invesco Aerospace & Defense ETF by 1.1% during the 3rd quarter. Carr Financial Group Corp now owns 9,650 shares of the company’s stock worth $1,109,000 after buying an additional 102 shares during the period. Glass Jacobson Investment Advisors llc boosted 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 acquiring an additional 102 shares in the last quarter. Finally, National Wealth Management Group LLC grew its stake in Invesco Aerospace & Defense ETF by 2.2% in the third quarter. National Wealth Management Group LLC now owns 5,393 shares of the company’s stock valued at $620,000 after acquiring an additional 116 shares during the period.

Invesco Aerospace & Defense ETF Stock Down 0.9 %

Shares of NYSEARCA:PPA opened at $119.02 on Thursday. Invesco Aerospace & Defense ETF has a twelve month low of $92.93 and a twelve month high of $124.89. The stock’s 50 day moving average is $118.04 and its 200-day moving average is $115.69. The firm has a market capitalization of $3.71 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73.

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.