Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Stock Holdings Lowered by Searcy Financial Services Inc. ADV

Searcy Financial Services Inc. ADV reduced its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 2.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 128,215 shares of the company’s stock after selling 2,759 shares during the period. Invesco Aerospace & Defense ETF makes up about 6.8% of Searcy Financial Services Inc. ADV’s investment portfolio, making the stock its 7th largest position. Searcy Financial Services Inc. ADV’s holdings in Invesco Aerospace & Defense ETF were worth $14,710,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC increased its holdings in shares of Invesco Aerospace & Defense ETF by 1.5% in the 3rd quarter. LPL Financial LLC now owns 1,392,972 shares of the company’s stock worth $160,150,000 after purchasing an additional 20,169 shares in the last quarter. Axxcess Wealth Management LLC lifted its stake in Invesco Aerospace & Defense ETF by 3.3% during the 3rd quarter. Axxcess Wealth Management LLC now owns 347,210 shares of the company’s stock valued at $39,919,000 after acquiring an additional 11,122 shares during the period. Raymond James & Associates boosted its holdings in shares of Invesco Aerospace & Defense ETF by 20.8% during the 3rd quarter. Raymond James & Associates now owns 292,618 shares of the company’s stock valued at $33,642,000 after acquiring an additional 50,360 shares during the last quarter. International Assets Investment Management LLC grew its stake in shares of Invesco Aerospace & Defense ETF by 10,225.1% in the third quarter. International Assets Investment Management LLC now owns 278,674 shares of the company’s stock worth $32,039,000 after acquiring an additional 275,975 shares during the period. Finally, Cetera Investment Advisers raised its holdings in shares of Invesco Aerospace & Defense ETF by 8.2% during the second quarter. Cetera Investment Advisers now owns 244,062 shares of the company’s stock valued at $25,070,000 after purchasing an additional 18,544 shares during the last quarter.

Invesco Aerospace & Defense ETF Trading Up 1.0 %

PPA stock traded up $1.11 on Monday, hitting $115.74. The company had a trading volume of 156,392 shares, compared to its average volume of 212,398. Invesco Aerospace & Defense ETF has a 12-month low of $88.87 and a 12-month high of $124.89. The stock has a market cap of $3.61 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. The stock’s 50-day simple moving average is $118.06 and its 200 day simple moving average is $113.27.

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.