Ameritas Advisory Services LLC Sells 4,839 Shares of Invesco Aerospace & Defense ETF $PPA

Ameritas Advisory Services LLC lessened its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 70.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,035 shares of the company’s stock after selling 4,839 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Invesco Aerospace & Defense ETF were worth $319,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of PPA. BOK Financial Private Wealth Inc. increased its holdings in Invesco Aerospace & Defense ETF by 84.2% in the 3rd quarter. BOK Financial Private Wealth Inc. now owns 175 shares of the company’s stock valued at $27,000 after buying an additional 80 shares during the period. eCIO Inc. bought a new stake in Invesco Aerospace & Defense ETF in the 4th quarter valued at $28,000. Binnacle Investments Inc increased its holdings in Invesco Aerospace & Defense ETF by 84.2% in the 2nd quarter. Binnacle Investments Inc now owns 210 shares of the company’s stock valued at $30,000 after buying an additional 96 shares during the period. EPG Wealth Management LLC bought a new stake in Invesco Aerospace & Defense ETF in the 4th quarter valued at $31,000. Finally, Y.D. More Investments Ltd increased its holdings in Invesco Aerospace & Defense ETF by 720.0% in the 4th quarter. Y.D. More Investments Ltd now owns 205 shares of the company’s stock valued at $32,000 after buying an additional 180 shares during the period.

Invesco Aerospace & Defense ETF Stock Performance

PPA opened at $166.52 on Tuesday. The firm’s 50-day simple moving average is $171.02 and its 200-day simple moving average is $166.78. Invesco Aerospace & Defense ETF has a twelve month low of $128.11 and a twelve month high of $186.30. The firm has a market cap of $7.96 billion, a price-to-earnings ratio of 30.91 and a beta of 0.72.

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. The modified market-cap portfolio is rebalanced quarterly and reconstituted annually. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.