Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC cut its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 0.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 468,272 shares of the company’s stock after selling 996 shares during the quarter. HighTower Advisors LLC owned approximately 1.50% of Invesco Aerospace & Defense ETF worth $53,810,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Howe & Rusling Inc. acquired a new stake in Invesco Aerospace & Defense ETF during the 3rd quarter worth approximately $27,000. Eastern Bank purchased a new position in shares of Invesco Aerospace & Defense ETF during the 3rd quarter worth approximately $46,000. Assetmark Inc. purchased a new position in shares of Invesco Aerospace & Defense ETF during the 3rd quarter worth approximately $54,000. EverSource Wealth Advisors LLC purchased a new position in shares of Invesco Aerospace & Defense ETF during the 1st quarter worth approximately $54,000. Finally, ORG Partners LLC raised its stake in shares of Invesco Aerospace & Defense ETF by 2,650.0% during the 3rd quarter. ORG Partners LLC now owns 550 shares of the company’s stock worth $63,000 after buying an additional 530 shares in the last quarter.

Invesco Aerospace & Defense ETF Trading Up 0.9 %

Shares of PPA stock opened at $121.73 on Thursday. The company has a market cap of $3.79 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. The stock has a 50 day simple moving average of $118.16 and a 200-day simple moving average of $110.89. Invesco Aerospace & Defense ETF has a 12-month low of $88.26 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.