United Asset Strategies Inc. Has $462,000 Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

United Asset Strategies Inc. reduced its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 53.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,017 shares of the company’s stock after selling 4,579 shares during the period. United Asset Strategies Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $462,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of PPA. International Assets Investment Management LLC raised its holdings in Invesco Aerospace & Defense ETF by 10,225.1% during the third quarter. International Assets Investment Management LLC now owns 278,674 shares of the company’s stock worth $32,039,000 after acquiring an additional 275,975 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of Invesco Aerospace & Defense ETF by 1,146.0% during the 1st quarter. Cetera Investment Advisers now owns 225,518 shares of the company’s stock worth $22,906,000 after acquiring an additional 207,419 shares during the period. LPL Financial LLC increased its holdings in shares of Invesco Aerospace & Defense ETF by 15.6% during the 2nd quarter. LPL Financial LLC now owns 1,372,803 shares of the company’s stock worth $141,014,000 after acquiring an additional 184,961 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in Invesco Aerospace & Defense ETF in the 3rd quarter valued at $9,263,000. Finally, National Bank of Canada FI lifted its holdings in Invesco Aerospace & Defense ETF by 62.9% during the 2nd quarter. National Bank of Canada FI now owns 179,419 shares of the company’s stock valued at $18,287,000 after purchasing an additional 69,290 shares during the last quarter.

Invesco Aerospace & Defense ETF Price Performance

PPA stock opened at $113.79 on Friday. The company has a fifty day moving average price of $114.21 and a two-hundred day moving average price of $107.80. Invesco Aerospace & Defense ETF has a one year low of $80.24 and a one year high of $120.16. The stock 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 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.