Legacy Capital Group California Inc. Decreases Stock Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Legacy Capital Group California Inc. reduced its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 21.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,042 shares of the company’s stock after selling 560 shares during the period. Legacy Capital Group California Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $234,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC boosted its stake in Invesco Aerospace & Defense ETF by 1.5% in the third quarter. LPL Financial LLC now owns 1,392,972 shares of the company’s stock valued at $160,150,000 after acquiring an additional 20,169 shares in the last quarter. Summit Trail Advisors LLC lifted its holdings in shares of Invesco Aerospace & Defense ETF by 1.1% during the 4th quarter. Summit Trail Advisors LLC now owns 538,504 shares of the company’s stock valued at $61,783,000 after purchasing an additional 5,927 shares during the last quarter. Capital Asset Advisory Services LLC lifted its holdings in shares of Invesco Aerospace & Defense ETF by 2.1% during the 4th quarter. Capital Asset Advisory Services LLC now owns 347,703 shares of the company’s stock valued at $40,226,000 after purchasing an additional 7,007 shares during the last quarter. Axxcess Wealth Management LLC boosted its position in shares of Invesco Aerospace & Defense ETF by 3.3% in the 3rd quarter. Axxcess Wealth Management LLC now owns 347,210 shares of the company’s stock worth $39,919,000 after purchasing an additional 11,122 shares in the last quarter. Finally, International Assets Investment Management LLC grew its stake in Invesco Aerospace & Defense ETF by 10,225.1% during the 3rd quarter. International Assets Investment Management LLC now owns 278,674 shares of the company’s stock worth $32,039,000 after buying an additional 275,975 shares during the last quarter.

Invesco Aerospace & Defense ETF Price Performance

Shares of NYSEARCA:PPA opened at $114.09 on Friday. The business’s 50-day moving average is $117.82 and its 200 day moving average is $116.12. Invesco Aerospace & Defense ETF has a 1 year low of $95.63 and a 1 year high of $124.89. The firm has a market capitalization of $4.58 billion, a P/E ratio of 27.41 and a beta of 0.96.

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.