JBR Co Financial Management Inc lowered its stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) by 19.1% during the fourth quarter, HoldingsChannel.com reports. The firm 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 quarter.
Other large investors also recently made changes to their positions in the company. International Assets Investment Management LLC raised 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 buying an additional 275,975 shares during the period. Janney Montgomery Scott LLC acquired a new stake in Invesco Aerospace & Defense ETF during the 3rd quarter worth $9,775,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Invesco Aerospace & Defense ETF during the 3rd quarter worth $9,263,000. National Bank of Canada FI raised its stake in Invesco Aerospace & Defense ETF by 26.6% during the 3rd quarter. National Bank of Canada FI now owns 227,122 shares of the company’s stock worth $26,112,000 after buying an additional 47,703 shares during the period. Finally, Transcendent Capital Group LLC acquired a new stake in Invesco Aerospace & Defense ETF during the 3rd quarter worth $3,434,000.
Invesco Aerospace & Defense ETF Trading Down 2.1 %
Shares of Invesco Aerospace & Defense ETF stock opened at $114.09 on Friday. The company has a market capitalization of $4.58 billion, a PE ratio of 27.41 and a beta of 0.96. Invesco Aerospace & Defense ETF has a 12 month low of $95.63 and a 12 month high of $124.89. The stock’s fifty day simple moving average is $117.82 and its 200 day simple moving average is $116.20.
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.
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