Stratos Wealth Advisors LLC Has $2.45 Million Stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Stratos Wealth Advisors LLC lowered its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 0.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,345 shares of the company’s stock after selling 125 shares during the quarter. Stratos Wealth Advisors LLC owned 0.07% of Invesco Aerospace & Defense ETF worth $2,454,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Beacon Capital Management LLC raised its holdings in Invesco Aerospace & Defense ETF by 31.6% during the 1st quarter. Beacon Capital Management LLC now owns 416 shares of the company’s stock worth $42,000 after buying an additional 100 shares during the period. Signaturefd LLC raised its holdings in shares of Invesco Aerospace & Defense ETF by 19.2% during the second quarter. Signaturefd LLC now owns 664 shares of the company’s stock worth $68,000 after acquiring an additional 107 shares during the period. Arkadios Wealth Advisors raised its holdings in shares of Invesco Aerospace & Defense ETF by 2.0% during the first quarter. Arkadios Wealth Advisors now owns 7,269 shares of the company’s stock worth $738,000 after acquiring an additional 140 shares during the period. Bright Futures Wealth Management LLC. lifted its position in Invesco Aerospace & Defense ETF by 1.8% in the 2nd quarter. Bright Futures Wealth Management LLC. now owns 8,635 shares of the company’s stock valued at $909,000 after acquiring an additional 155 shares in the last quarter. Finally, XML Financial LLC boosted its stake in Invesco Aerospace & Defense ETF by 6.6% in the 2nd quarter. XML Financial LLC now owns 3,113 shares of the company’s stock worth $320,000 after purchasing an additional 192 shares during the period.

Invesco Aerospace & Defense ETF Trading Up 0.1 %

PPA stock opened at $119.29 on Friday. The stock has a market cap of $3.72 billion, a PE ratio of 33.87 and a beta of 0.73. The stock has a 50-day moving average price of $113.03 and a two-hundred day moving average price of $106.87. Invesco Aerospace & Defense ETF has a 1 year low of $79.33 and a 1 year high of $119.38.

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.