Vontobel Holding Ltd. Sells 401 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Vontobel Holding Ltd. cut its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 16.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,986 shares of the company’s stock after selling 401 shares during the quarter. Vontobel Holding Ltd.’s holdings in Invesco Aerospace & Defense ETF were worth $228,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in PPA. Creative Planning boosted its position in Invesco Aerospace & Defense ETF by 305.2% in the third quarter. Creative Planning now owns 15,606 shares of the company’s stock valued at $1,794,000 after buying an additional 11,755 shares during the last quarter. Eastern Bank purchased a new stake in Invesco Aerospace & Defense ETF in the third quarter valued at approximately $46,000. Private Advisor Group LLC boosted its position in Invesco Aerospace & Defense ETF by 25.6% in the third quarter. Private Advisor Group LLC now owns 67,007 shares of the company’s stock valued at $7,704,000 after buying an additional 13,640 shares during the last quarter. International Assets Investment Management LLC boosted its position in Invesco Aerospace & Defense ETF by 10,225.1% in the third quarter. International Assets Investment Management LLC now owns 278,674 shares of the company’s stock valued at $32,039,000 after buying an additional 275,975 shares during the last quarter. Finally, Schmidt P J Investment Management Inc. boosted its position in Invesco Aerospace & Defense ETF by 6.8% in the third quarter. Schmidt P J Investment Management Inc. now owns 7,271 shares of the company’s stock valued at $836,000 after buying an additional 464 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Down 2.1 %

Shares of NYSEARCA PPA opened at $114.09 on Friday. The business’s 50 day moving average price is $117.82 and its 200 day moving average price is $116.12. The firm has a market cap of $4.58 billion, a P/E ratio of 27.41 and a beta of 0.96. Invesco Aerospace & Defense ETF has a 52 week low of $95.63 and a 52 week high of $124.89.

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.