Rollins Financial Trims Stock Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Rollins Financial lessened its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPAFree Report) by 17.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,806 shares of the company’s stock after selling 575 shares during the quarter. Rollins Financial’s holdings in Invesco Aerospace & Defense ETF were worth $259,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in PPA. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management acquired a new stake in shares of Invesco Aerospace & Defense ETF during the 4th quarter worth approximately $34,256,000. International Assets Investment Management LLC increased its holdings in Invesco Aerospace & Defense ETF by 9,361.6% in the fourth quarter. International Assets Investment Management LLC now owns 244,582 shares of the company’s stock valued at $22,541,000 after buying an additional 241,997 shares in the last quarter. Axxcess Wealth Management LLC raised its position in shares of Invesco Aerospace & Defense ETF by 219.3% in the third quarter. Axxcess Wealth Management LLC now owns 229,932 shares of the company’s stock worth $18,349,000 after acquiring an additional 157,931 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Invesco Aerospace & Defense ETF by 243.7% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 208,311 shares of the company’s stock worth $19,198,000 after acquiring an additional 147,710 shares in the last quarter. Finally, Raymond James & Associates grew its position in shares of Invesco Aerospace & Defense ETF by 165.6% during the 4th quarter. Raymond James & Associates now owns 175,968 shares of the company’s stock valued at $16,217,000 after acquiring an additional 109,718 shares during the period.

Invesco Aerospace & Defense ETF Stock Up 1.2 %

Shares of Invesco Aerospace & Defense ETF stock opened at $105.02 on Monday. The firm has a market cap of $3.27 billion, a PE ratio of 33.87 and a beta of 0.73. The business has a 50-day moving average price of $102.08 and a 200 day moving average price of $95.95. Invesco Aerospace & Defense ETF has a twelve month low of $77.50 and a twelve month high of $105.81.

About Invesco Aerospace & Defense ETF

(Free Report)

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

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