GeoWealth Management LLC Sells 225 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

GeoWealth Management LLC decreased its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 3.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,243 shares of the company’s stock after selling 225 shares during the period. GeoWealth Management LLC’s holdings in Invesco Aerospace & Defense ETF were worth $716,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in PPA. Concourse Financial Group Securities Inc. lifted its position in Invesco Aerospace & Defense ETF by 4.7% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 32,721 shares of the company’s stock valued at $4,014,000 after acquiring an additional 1,468 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of Invesco Aerospace & Defense ETF by 4.6% in the fourth quarter. NewEdge Advisors LLC now owns 11,555 shares of the company’s stock worth $1,326,000 after purchasing an additional 508 shares during the last quarter. Mariner LLC lifted its holdings in shares of Invesco Aerospace & Defense ETF by 10.6% in the fourth quarter. Mariner LLC now owns 12,150 shares of the company’s stock valued at $1,394,000 after purchasing an additional 1,164 shares in the last quarter. Savvy Advisors Inc. purchased a new position in shares of Invesco Aerospace & Defense ETF during the fourth quarter valued at approximately $211,000. Finally, Summit Investment Advisors Inc. grew its holdings in Invesco Aerospace & Defense ETF by 13.5% during the fourth quarter. Summit Investment Advisors Inc. now owns 3,540 shares of the company’s stock worth $406,000 after buying an additional 420 shares in the last quarter.

Invesco Aerospace & Defense ETF Trading Up 0.2 %

NYSEARCA PPA opened at $115.80 on Monday. The firm has a market capitalization of $4.50 billion, a P/E ratio of 27.45 and a beta of 0.82. The business has a fifty day simple moving average of $115.51 and a 200 day simple moving average of $117.32. Invesco Aerospace & Defense ETF has a 12 month low of $98.41 and a 12 month 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.