Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Shares Sold by MinichMacGregor Wealth Management LLC

MinichMacGregor Wealth Management LLC reduced its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 6.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,247 shares of the company’s stock after selling 225 shares during the period. MinichMacGregor Wealth Management LLC’s holdings in Invesco Aerospace & Defense ETF were worth $373,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of PPA. Beacon Capital Management LLC increased its holdings in shares of 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 last quarter. Signaturefd LLC raised its holdings in shares of Invesco Aerospace & Defense ETF by 19.2% in the 2nd quarter. Signaturefd LLC now owns 664 shares of the company’s stock worth $68,000 after purchasing an additional 107 shares during the period. New Century Financial Group LLC lifted its stake in shares of Invesco Aerospace & Defense ETF by 1.2% in the 3rd quarter. New Century Financial Group LLC now owns 10,010 shares of the company’s stock valued at $1,151,000 after purchasing an additional 117 shares in the last quarter. Bright Futures Wealth Management LLC. grew its holdings in shares of Invesco Aerospace & Defense ETF by 1.8% during the 2nd quarter. Bright Futures Wealth Management LLC. now owns 8,635 shares of the company’s stock worth $909,000 after purchasing an additional 155 shares during the period. Finally, Gateway Wealth Partners LLC increased its position in Invesco Aerospace & Defense ETF by 5.0% during the 3rd quarter. Gateway Wealth Partners LLC now owns 3,225 shares of the company’s stock worth $371,000 after purchasing an additional 155 shares in the last quarter.

Invesco Aerospace & Defense ETF Price Performance

PPA stock traded up $1.47 during midday trading on Tuesday, reaching $116.03. 32,357 shares of the company’s stock traded hands, compared to its average volume of 166,898. Invesco Aerospace & Defense ETF has a fifty-two week low of $83.32 and a fifty-two week high of $120.16. The business has a 50-day moving average price of $114.40 and a two-hundred day moving average price of $108.20. The company has a market capitalization of $3.61 billion, a P/E ratio of 33.87 and a beta of 0.73.

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.