Fortis Capital Advisors LLC Has $348,000 Stock Holdings in Invesco Aerospace & Defense ETF $PPA

Fortis Capital Advisors LLC trimmed its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 3.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,458 shares of the company’s stock after selling 100 shares during the quarter. Fortis Capital Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $348,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in PPA. Lion Street Advisors LLC grew its holdings in Invesco Aerospace & Defense ETF by 3.3% during the 1st quarter. Lion Street Advisors LLC now owns 2,742 shares of the company’s stock worth $320,000 after acquiring an additional 87 shares during the last quarter. Curran Financial Partners LLC grew its holdings in Invesco Aerospace & Defense ETF by 5.5% during the 1st quarter. Curran Financial Partners LLC now owns 2,481 shares of the company’s stock worth $289,000 after acquiring an additional 130 shares during the last quarter. SOA Wealth Advisors LLC. grew its holdings in Invesco Aerospace & Defense ETF by 1.6% during the 2nd quarter. SOA Wealth Advisors LLC. now owns 8,582 shares of the company’s stock worth $1,216,000 after acquiring an additional 136 shares during the last quarter. IFP Advisors Inc grew its holdings in Invesco Aerospace & Defense ETF by 3.5% during the 1st quarter. IFP Advisors Inc now owns 4,210 shares of the company’s stock worth $491,000 after acquiring an additional 143 shares during the last quarter. Finally, International Assets Investment Management LLC grew its holdings in Invesco Aerospace & Defense ETF by 3.6% during the 1st quarter. International Assets Investment Management LLC now owns 4,348 shares of the company’s stock worth $507,000 after acquiring an additional 152 shares during the last quarter.

Invesco Aerospace & Defense ETF Price Performance

PPA opened at $156.26 on Friday. Invesco Aerospace & Defense ETF has a fifty-two week low of $100.39 and a fifty-two week high of $157.36. The firm has a market capitalization of $6.88 billion, a price-to-earnings ratio of 30.91 and a beta of 0.98. The company’s 50 day moving average price is $148.80 and its two-hundred day moving average price is $135.96.

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.