Perigon Wealth Management LLC Has $9.20 Million Stock Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Perigon Wealth Management LLC cut its stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 0.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 77,510 shares of the company’s stock after selling 210 shares during the quarter. Perigon Wealth Management LLC owned approximately 0.25% of Invesco Aerospace & Defense ETF worth $9,200,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Howe & Rusling Inc. bought a new stake in Invesco Aerospace & Defense ETF in the third quarter worth $27,000. Glass Jacobson Investment Advisors llc boosted its holdings in 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 worth $35,000 after purchasing an additional 102 shares in the last quarter. Eastern Bank bought a new stake in Invesco Aerospace & Defense ETF in the third quarter worth $46,000. Continuum Advisory LLC boosted its holdings in Invesco Aerospace & Defense ETF by 47.6% in the third quarter. Continuum Advisory LLC now owns 465 shares of the company’s stock worth $55,000 after purchasing an additional 150 shares in the last quarter. Finally, Assetmark Inc. bought a new stake in Invesco Aerospace & Defense ETF in the third quarter worth $54,000.

Invesco Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA:PPA opened at $120.31 on Tuesday. The company has a market cap of $3.75 billion, a P/E ratio of 33.87 and a beta of 0.73. The stock’s 50-day moving average is $118.02 and its 200-day moving average is $114.46. Invesco Aerospace & Defense ETF has a 52-week low of $90.67 and a 52-week high of $124.89.

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.