JBR Co Financial Management Inc lessened its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) by 19.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 5,403 shares of the company’s stock after selling 1,276 shares during the period. JBR Co Financial Management Inc’s holdings in Invesco Aerospace & Defense ETF were worth $620,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in the business. Park Avenue Securities LLC acquired a new position in Invesco Aerospace & Defense ETF in the 4th quarter valued at approximately $935,000. FMR LLC raised its holdings in Invesco Aerospace & Defense ETF by 26.6% in the 3rd quarter. FMR LLC now owns 7,061 shares of the company’s stock valued at $812,000 after acquiring an additional 1,482 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Invesco Aerospace & Defense ETF by 87.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,218 shares of the company’s stock valued at $1,865,000 after acquiring an additional 7,555 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in Invesco Aerospace & Defense ETF by 7.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 91,667 shares of the company’s stock valued at $10,517,000 after acquiring an additional 6,648 shares in the last quarter. Finally, Zacks Investment Management grew its stake in shares of Invesco Aerospace & Defense ETF by 5.1% in the 3rd quarter. Zacks Investment Management now owns 2,627 shares of the company’s stock valued at $302,000 after purchasing an additional 127 shares during the period.
Invesco Aerospace & Defense ETF Trading Down 2.1 %
PPA stock opened at $114.09 on Friday. Invesco Aerospace & Defense ETF has a 1-year low of $95.63 and a 1-year high of $124.89. The firm has a market cap of $4.58 billion, a P/E ratio of 27.41 and a beta of 0.96. The business’s 50 day moving average is $117.82 and its 200-day moving average is $116.20.
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.
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