Cwm LLC Decreases Stock Position in Invesco Aerospace & Defense ETF $PPA

Cwm LLC decreased its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 32.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 20,796 shares of the company’s stock after selling 9,913 shares during the quarter. Cwm LLC’s holdings in Invesco Aerospace & Defense ETF were worth $3,257,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in PPA. Bank of America Corp DE lifted its holdings in Invesco Aerospace & Defense ETF by 2.3% during the third quarter. Bank of America Corp DE now owns 7,668,214 shares of the company’s stock valued at $1,192,024,000 after purchasing an additional 173,290 shares during the last quarter. BNP Paribas Financial Markets increased its stake in shares of Invesco Aerospace & Defense ETF by 533.3% in the third quarter. BNP Paribas Financial Markets now owns 190,000 shares of the company’s stock worth $29,536,000 after purchasing an additional 160,000 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of Invesco Aerospace & Defense ETF by 43.6% in the third quarter. Ameriprise Financial Inc. now owns 400,922 shares of the company’s stock worth $62,303,000 after purchasing an additional 121,776 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Invesco Aerospace & Defense ETF by 66.6% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 246,697 shares of the company’s stock valued at $38,349,000 after purchasing an additional 98,597 shares during the period. Finally, Quadrature Capital Ltd bought a new stake in shares of Invesco Aerospace & Defense ETF in the third quarter valued at approximately $15,257,000.

Invesco Aerospace & Defense ETF Trading Down 0.5%

Shares of PPA stock opened at $168.67 on Friday. The firm’s 50 day moving average is $174.97 and its 200 day moving average is $165.53. The stock has a market capitalization of $8.06 billion, a P/E ratio of 30.91 and a beta of 0.78. Invesco Aerospace & Defense ETF has a 12 month low of $115.73 and a 12 month high of $186.30.

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.