Comerica Bank Decreases Stock Holdings in Invesco Aerospace & Defense ETF $PPA

Comerica Bank trimmed its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 9.4% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,858 shares of the company’s stock after selling 605 shares during the quarter. Comerica Bank’s holdings in Invesco Aerospace & Defense ETF were worth $683,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of PPA. Marcum Wealth LLC raised its position in shares of Invesco Aerospace & Defense ETF by 2.5% in the 1st quarter. Marcum Wealth LLC now owns 3,419 shares of the company’s stock valued at $398,000 after purchasing an additional 84 shares during the last quarter. Lion Street Advisors LLC raised its position in shares of Invesco Aerospace & Defense ETF by 3.3% in the 1st quarter. Lion Street Advisors LLC now owns 2,742 shares of the company’s stock valued at $320,000 after purchasing an additional 87 shares during the last quarter. Continuum Advisory LLC raised its position in shares of Invesco Aerospace & Defense ETF by 20.0% in the 4th quarter. Continuum Advisory LLC now owns 558 shares of the company’s stock valued at $64,000 after purchasing an additional 93 shares during the last quarter. Curran Financial Partners LLC raised its position in shares of Invesco Aerospace & Defense ETF by 5.5% in the 1st quarter. Curran Financial Partners LLC now owns 2,481 shares of the company’s stock valued at $289,000 after purchasing an additional 130 shares during the last quarter. Finally, IFP Advisors Inc raised its position in shares of Invesco Aerospace & Defense ETF by 3.5% in the 1st quarter. IFP Advisors Inc now owns 4,210 shares of the company’s stock valued at $491,000 after purchasing an additional 143 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Up 0.1%

Shares of Invesco Aerospace & Defense ETF stock opened at $147.45 on Friday. Invesco Aerospace & Defense ETF has a 52 week low of $100.39 and a 52 week high of $149.52. The firm has a market capitalization of $6.09 billion, a P/E ratio of 30.91 and a beta of 0.98. The company has a 50 day moving average price of $145.71 and a 200 day moving average price of $130.95.

Invesco Aerospace & Defense ETF 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.