Aurora Private Wealth Inc. Trims Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Aurora Private Wealth Inc. trimmed its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 9.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,347 shares of the company’s stock after selling 238 shares during the quarter. Aurora Private Wealth Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $269,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PPA. International Assets Investment Management LLC increased its position in shares of Invesco Aerospace & Defense ETF by 10,225.1% during the 3rd quarter. International Assets Investment Management LLC now owns 278,674 shares of the company’s stock worth $32,039,000 after purchasing an additional 275,975 shares during the last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of Invesco Aerospace & Defense ETF during the 3rd quarter worth about $9,775,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Invesco Aerospace & Defense ETF during the 3rd quarter worth about $9,263,000. Raymond James & Associates increased its position in shares of Invesco Aerospace & Defense ETF by 20.8% during the 3rd quarter. Raymond James & Associates now owns 292,618 shares of the company’s stock worth $33,642,000 after purchasing an additional 50,360 shares during the last quarter. Finally, National Bank of Canada FI increased its position in shares of Invesco Aerospace & Defense ETF by 26.6% during the 3rd quarter. National Bank of Canada FI now owns 227,122 shares of the company’s stock worth $26,112,000 after purchasing an additional 47,703 shares during the last quarter.

Invesco Aerospace & Defense ETF Trading Down 0.9 %

Shares of NYSEARCA:PPA opened at $122.21 on Monday. The company has a market capitalization of $3.81 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. The business has a 50-day moving average price of $118.02 and a 200 day moving average price of $114.46. Invesco Aerospace & Defense ETF has a 12-month low of $89.74 and a 12-month high of $124.89.

Invesco Aerospace & Defense ETF Company 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.