Total Clarity Wealth Management Inc. Sells 1,831 Shares of Invesco Aerospace & Defense ETF $PPA

Total Clarity Wealth Management Inc. lessened its stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 23.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,959 shares of the company’s stock after selling 1,831 shares during the period. Total Clarity Wealth Management Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $844,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Invesco Aerospace & Defense ETF by 10.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 12,794 shares of the company’s stock valued at $1,491,000 after buying an additional 1,227 shares during the period. Kestra Private Wealth Services LLC lifted its stake in shares of Invesco Aerospace & Defense ETF by 19.7% in the first quarter. Kestra Private Wealth Services LLC now owns 2,567 shares of the company’s stock valued at $299,000 after buying an additional 422 shares during the period. Fifth Third Bancorp lifted its stake in shares of Invesco Aerospace & Defense ETF by 840.9% in the first quarter. Fifth Third Bancorp now owns 414 shares of the company’s stock valued at $48,000 after buying an additional 370 shares during the period. Cerity Partners LLC raised its position in Invesco Aerospace & Defense ETF by 63.9% in the first quarter. Cerity Partners LLC now owns 19,157 shares of the company’s stock worth $2,233,000 after purchasing an additional 7,471 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in Invesco Aerospace & Defense ETF by 2.1% in the first quarter. Envestnet Asset Management Inc. now owns 142,031 shares of the company’s stock worth $16,554,000 after purchasing an additional 2,984 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Down 2.5%

NYSEARCA:PPA opened at $152.83 on Monday. Invesco Aerospace & Defense ETF has a 12-month low of $100.39 and a 12-month high of $159.96. The firm has a market capitalization of $6.59 billion, a PE ratio of 30.91 and a beta of 0.98. The firm has a 50-day moving average price of $149.88 and a 200 day moving average price of $137.41.

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.