Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Shares Sold by GPS Wealth Strategies Group LLC

GPS Wealth Strategies Group LLC cut its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 19.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,649 shares of the company’s stock after selling 875 shares during the period. GPS Wealth Strategies Group LLC’s holdings in Invesco Aerospace & Defense ETF were worth $419,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. LPL Financial LLC increased its stake in Invesco Aerospace & Defense ETF by 1.5% during the 3rd quarter. LPL Financial LLC now owns 1,392,972 shares of the company’s stock worth $160,150,000 after buying an additional 20,169 shares during the period. Capital Asset Advisory Services LLC increased its position in shares of Invesco Aerospace & Defense ETF by 2.1% during the fourth quarter. Capital Asset Advisory Services LLC now owns 347,703 shares of the company’s stock worth $40,226,000 after acquiring an additional 7,007 shares during the period. Axxcess Wealth Management LLC raised its stake in shares of Invesco Aerospace & Defense ETF by 3.3% in the third quarter. Axxcess Wealth Management LLC now owns 347,210 shares of the company’s stock valued at $39,919,000 after acquiring an additional 11,122 shares in the last quarter. Raymond James & Associates boosted its holdings in Invesco Aerospace & Defense ETF by 20.8% in the third quarter. Raymond James & Associates now owns 292,618 shares of the company’s stock valued at $33,642,000 after purchasing an additional 50,360 shares during the period. Finally, International Assets Investment Management LLC grew its stake in Invesco Aerospace & Defense ETF by 10,225.1% during the 3rd quarter. International Assets Investment Management LLC now owns 278,674 shares of the company’s stock worth $32,039,000 after purchasing an additional 275,975 shares in the last quarter.

Invesco Aerospace & Defense ETF Price Performance

Shares of NYSEARCA PPA opened at $120.59 on Monday. The stock’s 50-day moving average is $118.13 and its two-hundred day moving average is $114.97. The company has a market cap of $3.76 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 1-year low of $90.93 and a 1-year high of $124.89.

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.