Invesco Aerospace & Defense ETF $PPA Shares Sold by BigSur Wealth Management LLC

BigSur Wealth Management LLC trimmed its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 30.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,182 shares of the company’s stock after selling 3,600 shares during the period. BigSur Wealth Management LLC’s holdings in Invesco Aerospace & Defense ETF were worth $1,282,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. BOK Financial Private Wealth Inc. raised its holdings in shares of Invesco Aerospace & Defense ETF by 84.2% during the third quarter. BOK Financial Private Wealth Inc. now owns 175 shares of the company’s stock worth $27,000 after purchasing an additional 80 shares during the period. eCIO Inc. acquired a new stake in shares of Invesco Aerospace & Defense ETF during the fourth quarter worth $28,000. Y.D. More Investments Ltd raised its holdings in shares of Invesco Aerospace & Defense ETF by 720.0% during the fourth quarter. Y.D. More Investments Ltd now owns 205 shares of the company’s stock worth $32,000 after purchasing an additional 180 shares during the period. Binnacle Investments Inc raised its holdings in shares of Invesco Aerospace & Defense ETF by 84.2% during the second quarter. Binnacle Investments Inc now owns 210 shares of the company’s stock worth $30,000 after purchasing an additional 96 shares during the period. Finally, Avalon Trust Co acquired a new stake in shares of Invesco Aerospace & Defense ETF during the third quarter worth $47,000.

Invesco Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA:PPA opened at $176.59 on Friday. The stock has a market capitalization of $8.40 billion, a price-to-earnings ratio of 30.91 and a beta of 0.78. Invesco Aerospace & Defense ETF has a 1-year low of $111.44 and a 1-year high of $186.30. The company’s fifty day moving average is $175.24 and its two-hundred day moving average is $165.17.

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. The modified market-cap portfolio is rebalanced quarterly and reconstituted annually. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.