Summit Trail Advisors LLC Decreases Stock Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Summit Trail Advisors LLC lessened its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 3.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 589,985 shares of the company’s stock after selling 18,347 shares during the period. Invesco Aerospace & Defense ETF makes up about 1.6% of Summit Trail Advisors LLC’s portfolio, making the stock its 9th largest holding. Summit Trail Advisors LLC owned approximately 1.89% of Invesco Aerospace & Defense ETF worth $60,603,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. &PARTNERS bought a new stake in Invesco Aerospace & Defense ETF during the first quarter worth $820,000. Brookstone Capital Management raised its holdings in shares of Invesco Aerospace & Defense ETF by 22.9% during the 1st quarter. Brookstone Capital Management now owns 10,075 shares of the company’s stock worth $1,023,000 after buying an additional 1,879 shares in the last quarter. Kovack Advisors Inc. lifted its position in shares of Invesco Aerospace & Defense ETF by 13.5% during the 1st quarter. Kovack Advisors Inc. now owns 2,486 shares of the company’s stock worth $253,000 after buying an additional 295 shares during the last quarter. UBS Group AG boosted its stake in Invesco Aerospace & Defense ETF by 17.5% in the fourth quarter. UBS Group AG now owns 246,057 shares of the company’s stock valued at $22,677,000 after buying an additional 36,591 shares in the last quarter. Finally, Great Valley Advisor Group Inc. grew its position in Invesco Aerospace & Defense ETF by 68.4% in the second quarter. Great Valley Advisor Group Inc. now owns 32,754 shares of the company’s stock valued at $3,365,000 after acquiring an additional 13,308 shares during the last quarter.

Invesco Aerospace & Defense ETF Trading Up 0.4 %

Shares of NYSEARCA PPA opened at $113.66 on Friday. The company has a market cap of $3.54 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 12 month low of $77.50 and a 12 month high of $113.66. The stock has a 50-day moving average price of $109.06 and a two-hundred day moving average price of $104.51.

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.