Royal Bank of Canada reduced its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 10.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 193,040 shares of the company’s stock after selling 21,671 shares during the quarter. Royal Bank of Canada owned 1.53% of Invesco Aerospace & Defense ETF worth $9,627,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the stock. MUFG Americas Holdings Corp bought a new stake in Invesco Aerospace & Defense ETF in the 1st quarter valued at $40,000. FMR LLC increased its holdings in Invesco Aerospace & Defense ETF by 27.1% in the 4th quarter. FMR LLC now owns 906 shares of the company’s stock valued at $62,000 after buying an additional 193 shares during the period. Ameritas Investment Company LLC increased its holdings in Invesco Aerospace & Defense ETF by 95.0% in the 1st quarter. Ameritas Investment Company LLC now owns 1,441 shares of the company’s stock valued at $72,000 after buying an additional 702 shares during the period. Advisory Alpha LLC bought a new stake in shares of Invesco Aerospace & Defense ETF in the 4th quarter worth about $73,000. Finally, TFG Advisers LLC bought a new stake in shares of Invesco Aerospace & Defense ETF in the 4th quarter worth about $100,000.

PPA opened at $53.52 on Tuesday. The firm’s 50-day simple moving average is $55.95 and its 200-day simple moving average is $60.90. Invesco Aerospace & Defense ETF has a twelve month low of $39.60 and a twelve month high of $73.99.

About Invesco Aerospace & Defense ETF

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.

See Also: Diversification in Investing

Institutional Ownership by Quarter for Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Receive News & Ratings for Invesco Aerospace & Defense ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Aerospace & Defense ETF and related companies with MarketBeat.com's FREE daily email newsletter.