Sigma Planning Corp Cuts Stock Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Sigma Planning Corp lessened its stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 46.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,734 shares of the company’s stock after selling 4,181 shares during the quarter. Sigma Planning Corp’s holdings in Invesco Aerospace & Defense ETF were worth $436,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Simplex Trading LLC grew its holdings in shares of Invesco Aerospace & Defense ETF by 52.7% during the third quarter. Simplex Trading LLC now owns 403 shares of the company’s stock worth $32,000 after buying an additional 139 shares in the last quarter. Tyler Stone Wealth Management grew its holdings in shares of Invesco Aerospace & Defense ETF by 18.4% during the third quarter. Tyler Stone Wealth Management now owns 779 shares of the company’s stock worth $62,000 after buying an additional 121 shares in the last quarter. Ancora Advisors LLC grew its holdings in shares of Invesco Aerospace & Defense ETF by 40.1% during the third quarter. Ancora Advisors LLC now owns 874 shares of the company’s stock worth $70,000 after buying an additional 250 shares in the last quarter. WealthShield Partners LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF during the fourth quarter worth $79,000. Finally, Operose Advisors LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF during the third quarter worth $80,000.

Invesco Aerospace & Defense ETF Stock Up 0.6 %

Invesco Aerospace & Defense ETF stock opened at $100.35 on Friday. Invesco Aerospace & Defense ETF has a 52-week low of $77.17 and a 52-week high of $102.00. The firm has a market capitalization of $2.99 billion, a price-to-earnings ratio of 32.35 and a beta of 0.76. The company has a fifty day simple moving average of $98.96 and a 200-day simple moving average of $91.91.

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.