Strategic Blueprint LLC Cuts Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Strategic Blueprint LLC lessened its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 2.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,176 shares of the company’s stock after selling 119 shares during the period. Strategic Blueprint LLC’s holdings in Invesco Aerospace & Defense ETF were worth $595,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Beacon Capital Management LLC increased its stake in shares of Invesco Aerospace & Defense ETF by 31.6% in the 1st quarter. Beacon Capital Management LLC now owns 416 shares of the company’s stock valued at $42,000 after purchasing an additional 100 shares in the last quarter. Signaturefd LLC increased its stake in shares of Invesco Aerospace & Defense ETF by 19.2% in the 2nd quarter. Signaturefd LLC now owns 664 shares of the company’s stock valued at $68,000 after purchasing an additional 107 shares in the last quarter. New Century Financial Group LLC increased its stake in Invesco Aerospace & Defense ETF by 1.2% during the 3rd quarter. New Century Financial Group LLC now owns 10,010 shares of the company’s stock worth $1,151,000 after buying an additional 117 shares in the last quarter. Bright Futures Wealth Management LLC. increased its stake in Invesco Aerospace & Defense ETF by 1.8% during the 2nd quarter. Bright Futures Wealth Management LLC. now owns 8,635 shares of the company’s stock worth $909,000 after buying an additional 155 shares in the last quarter. Finally, Gateway Wealth Partners LLC increased its stake in Invesco Aerospace & Defense ETF by 5.0% during the 3rd quarter. Gateway Wealth Partners LLC now owns 3,225 shares of the company’s stock worth $371,000 after buying an additional 155 shares in the last quarter.

Invesco Aerospace & Defense ETF Trading Down 1.9 %

NYSEARCA:PPA opened at $113.79 on Friday. Invesco Aerospace & Defense ETF has a 12 month low of $80.24 and a 12 month high of $120.16. The stock has a 50 day moving average of $114.21 and a two-hundred day moving average of $107.80. The firm has a market cap of $3.54 billion, a P/E 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.