Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. lessened its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 7.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,280 shares of the company’s stock after selling 362 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $499,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Runnymede Capital Advisors Inc. purchased a new position in shares of Invesco Aerospace & Defense ETF during the 4th quarter worth $25,000. Wood Tarver Financial Group LLC purchased a new position in shares of Invesco Aerospace & Defense ETF during the 4th quarter worth $45,000. Sound Income Strategies LLC purchased a new position in shares of Invesco Aerospace & Defense ETF during the 1st quarter worth $47,000. Fifth Third Bancorp lifted its stake in shares of Invesco Aerospace & Defense ETF by 840.9% during the 1st quarter. Fifth Third Bancorp now owns 414 shares of the company’s stock worth $48,000 after purchasing an additional 370 shares during the period. Finally, Orion Capital Management LLC purchased a new position in shares of Invesco Aerospace & Defense ETF during the 4th quarter worth $49,000.

Invesco Aerospace & Defense ETF Stock Up 1.2%

Shares of Invesco Aerospace & Defense ETF stock opened at $140.56 on Friday. Invesco Aerospace & Defense ETF has a fifty-two week low of $100.39 and a fifty-two week high of $141.00. The firm has a market cap of $5.76 billion, a PE ratio of 29.10 and a beta of 0.98. The business’s fifty day moving average is $130.05 and its two-hundred day moving average is $121.27.

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.