Outlook Wealth Advisors LLC Decreases Stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Outlook Wealth Advisors LLC lowered its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 4.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,504 shares of the company’s stock after selling 479 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $1,090,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in PPA. Howe & Rusling Inc. acquired a new stake in Invesco Aerospace & Defense ETF in the third quarter valued at $27,000. Glass Jacobson Investment Advisors llc grew its position in shares of Invesco Aerospace & Defense ETF by 50.5% in the third quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock valued at $35,000 after purchasing an additional 102 shares during the last quarter. Eastern Bank acquired a new position in shares of Invesco Aerospace & Defense ETF in the third quarter worth $46,000. Assetmark Inc. purchased a new stake in Invesco Aerospace & Defense ETF during the 3rd quarter worth about $54,000. Finally, Continuum Advisory LLC raised its stake in Invesco Aerospace & Defense ETF by 47.6% in the 3rd quarter. Continuum Advisory LLC now owns 465 shares of the company’s stock valued at $55,000 after purchasing an additional 150 shares during the last quarter.

Invesco Aerospace & Defense ETF Trading Up 0.4 %

NYSEARCA:PPA opened at $117.52 on Thursday. Invesco Aerospace & Defense ETF has a 12-month low of $88.87 and a 12-month high of $124.89. The firm has a market cap of $3.66 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. The company’s 50-day moving average is $118.04 and its two-hundred day moving average is $113.49.

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.