Warner Group LLC Sells 37,513 Shares of Invesco Aerospace & Defense ETF $PPA

Warner Group LLC reduced its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 86.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,926 shares of the company’s stock after selling 37,513 shares during the period. Warner Group LLC’s holdings in Invesco Aerospace & Defense ETF were worth $928,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. BOK Financial Private Wealth Inc. lifted its holdings in shares of Invesco Aerospace & Defense ETF by 84.2% in the 3rd quarter. BOK Financial Private Wealth Inc. now owns 175 shares of the company’s stock worth $27,000 after purchasing an additional 80 shares in the last quarter. eCIO Inc. bought a new position in shares of Invesco Aerospace & Defense ETF in the 4th quarter worth $28,000. EPG Wealth Management LLC purchased a new stake in Invesco Aerospace & Defense ETF in the 4th quarter valued at $31,000. Y.D. More Investments Ltd raised its position in Invesco Aerospace & Defense ETF by 720.0% in the 4th quarter. Y.D. More Investments Ltd now owns 205 shares of the company’s stock valued at $32,000 after buying an additional 180 shares during the last quarter. Finally, Binnacle Investments Inc raised its position in Invesco Aerospace & Defense ETF by 84.2% in the 2nd quarter. Binnacle Investments Inc now owns 210 shares of the company’s stock valued at $30,000 after buying an additional 96 shares during the last quarter.

Invesco Aerospace & Defense ETF Trading Up 1.2%

NYSEARCA PPA opened at $166.52 on Tuesday. The firm has a market capitalization of $7.96 billion, a P/E ratio of 30.91 and a beta of 0.72. The business has a fifty day simple moving average of $171.02 and a 200 day simple moving average of $166.78. Invesco Aerospace & Defense ETF has a 12 month low of $128.11 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.