Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Shares Sold by Castle Wealth Management LLC

Castle Wealth Management LLC trimmed its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 5.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 38,859 shares of the company’s stock after selling 2,249 shares during the period. Invesco Aerospace & Defense ETF accounts for approximately 1.8% of Castle Wealth Management LLC’s holdings, making the stock its 18th biggest position. Castle Wealth Management LLC owned approximately 0.12% of Invesco Aerospace & Defense ETF worth $4,458,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Valley Brook Capital Group Inc. boosted its stake in Invesco Aerospace & Defense ETF by 3.3% during the 3rd quarter. Valley Brook Capital Group Inc. now owns 2,781 shares of the company’s stock valued at $320,000 after purchasing an additional 90 shares during the period. XML Financial LLC lifted its stake in shares of Invesco Aerospace & Defense ETF by 3.0% in the 3rd quarter. XML Financial LLC now owns 3,205 shares of the company’s stock worth $368,000 after acquiring an additional 92 shares during the period. Carr Financial Group Corp lifted its stake in shares of Invesco Aerospace & Defense ETF by 1.1% in the 3rd quarter. Carr Financial Group Corp now owns 9,650 shares of the company’s stock worth $1,109,000 after acquiring an additional 102 shares during the period. Glass Jacobson Investment Advisors llc lifted its stake in shares of Invesco Aerospace & Defense ETF by 50.5% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock worth $35,000 after acquiring an additional 102 shares during the period. Finally, National Wealth Management Group LLC lifted its stake in shares of Invesco Aerospace & Defense ETF by 2.2% in the 3rd quarter. National Wealth Management Group LLC now owns 5,393 shares of the company’s stock worth $620,000 after acquiring an additional 116 shares during the period.

Invesco Aerospace & Defense ETF Trading Down 0.9 %

Shares of NYSEARCA:PPA opened at $119.02 on Thursday. The company has a 50 day moving average of $118.04 and a 200-day moving average of $115.69. The firm has a market cap of $3.71 billion, a P/E ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a twelve month low of $92.93 and a twelve month high of $124.89.

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.