Oppenheimer & Co. Inc. Cuts Stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Oppenheimer & Co. Inc. reduced its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPAGet Rating) by 83.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,829 shares of the company’s stock after selling 18,771 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $268,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Tyler Stone Wealth Management acquired a new stake in shares of Invesco Aerospace & Defense ETF during the first quarter worth $32,000. Trustcore Financial Services LLC lifted its stake in shares of Invesco Aerospace & Defense ETF by 249.4% during the second quarter. Trustcore Financial Services LLC now owns 587 shares of the company’s stock worth $41,000 after buying an additional 419 shares during the period. Evoke Wealth LLC acquired a new stake in shares of Invesco Aerospace & Defense ETF during the second quarter worth $53,000. Aptus Capital Advisors LLC acquired a new stake in shares of Invesco Aerospace & Defense ETF during the second quarter worth $62,000. Finally, J.W. Cole Advisors Inc. acquired a new stake in shares of Invesco Aerospace & Defense ETF during the first quarter worth $63,000.

Invesco Aerospace & Defense ETF Trading Up 0.8 %

NYSEARCA:PPA opened at $78.09 on Friday. The firm has a fifty day simple moving average of $71.58 and a 200-day simple moving average of $71.53. Invesco Aerospace & Defense ETF has a 12 month low of $64.48 and a 12 month high of $80.00.

Invesco Aerospace & Defense ETF Company Profile

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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.

Further Reading

Institutional Ownership by Quarter for Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

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