Tidemark LLC Sells 228 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Tidemark LLC lowered its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPAFree Report) by 2.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,729 shares of the company’s stock after selling 228 shares during the period. Tidemark LLC’s holdings in Invesco Aerospace & Defense ETF were worth $1,116,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Park Avenue Securities LLC bought a new stake in shares of Invesco Aerospace & Defense ETF in the 4th quarter valued at about $935,000. FMR LLC lifted its stake in shares of Invesco Aerospace & Defense ETF by 26.6% in the 3rd quarter. FMR LLC now owns 7,061 shares of the company’s stock valued at $812,000 after acquiring an additional 1,482 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Invesco Aerospace & Defense ETF by 87.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,218 shares of the company’s stock valued at $1,865,000 after acquiring an additional 7,555 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Invesco Aerospace & Defense ETF by 7.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 91,667 shares of the company’s stock valued at $10,517,000 after acquiring an additional 6,648 shares during the last quarter. Finally, Zacks Investment Management lifted its stake in shares of Invesco Aerospace & Defense ETF by 5.1% in the 3rd quarter. Zacks Investment Management now owns 2,627 shares of the company’s stock valued at $302,000 after acquiring an additional 127 shares during the last quarter.

Invesco Aerospace & Defense ETF Trading Up 1.6 %

NYSEARCA PPA opened at $115.69 on Friday. Invesco Aerospace & Defense ETF has a 1-year low of $97.64 and a 1-year high of $124.89. The stock has a 50-day moving average of $117.51 and a 200-day moving average of $116.78. The firm has a market cap of $4.56 billion, a PE ratio of 27.08 and a beta of 0.95.

About Invesco Aerospace & Defense ETF

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

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