Geneos Wealth Management Inc. Trims Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Geneos Wealth Management Inc. reduced its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 18.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,180 shares of the company’s stock after selling 500 shares during the period. Geneos Wealth Management Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $201,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of PPA. Simplex Trading LLC boosted its holdings in shares of Invesco Aerospace & Defense ETF by 52.7% in the 3rd quarter. Simplex Trading LLC now owns 403 shares of the company’s stock valued at $32,000 after buying an additional 139 shares during the period. Clearstead Advisors LLC acquired a new stake in shares of Invesco Aerospace & Defense ETF in the third quarter valued at approximately $27,000. Blair William & Co. IL raised its holdings in shares of Invesco Aerospace & Defense ETF by 468.8% during the first quarter. Blair William & Co. IL now owns 455 shares of the company’s stock valued at $37,000 after buying an additional 375 shares during the last quarter. Westside Investment Management Inc. acquired a new position in shares of Invesco Aerospace & Defense ETF during the first quarter worth approximately $40,000. Finally, Tyler Stone Wealth Management acquired a new position in Invesco Aerospace & Defense ETF during the 2nd quarter worth $56,000.

Invesco Aerospace & Defense ETF Stock Down 1.0 %

Shares of PPA opened at $99.08 on Monday. The firm has a 50-day moving average price of $98.03 and a 200 day moving average price of $90.82. The firm has a market capitalization of $2.95 billion, a PE ratio of 32.35 and a beta of 0.76. Invesco Aerospace & Defense ETF has a 52-week low of $77.17 and a 52-week high of $102.00.

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.