Strategic Blueprint LLC Sells 6,442 Shares of Invesco Aerospace & Defense ETF $PPA

Strategic Blueprint LLC cut its stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 59.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,316 shares of the company’s stock after selling 6,442 shares during the period. Strategic Blueprint LLC’s holdings in Invesco Aerospace & Defense ETF were worth $676,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of PPA. Goldman Sachs Group Inc. raised its stake in shares of Invesco Aerospace & Defense ETF by 208.6% in the first quarter. Goldman Sachs Group Inc. now owns 30,874 shares of the company’s stock worth $3,598,000 after acquiring an additional 20,869 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Invesco Aerospace & Defense ETF by 14.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 38,989 shares of the company’s stock worth $5,524,000 after buying an additional 4,915 shares during the period. Walleye Capital LLC acquired a new stake in shares of Invesco Aerospace & Defense ETF during the 2nd quarter worth approximately $318,000. Cerity Partners LLC grew its position in shares of Invesco Aerospace & Defense ETF by 24.6% during the 2nd quarter. Cerity Partners LLC now owns 23,863 shares of the company’s stock worth $3,384,000 after buying an additional 4,706 shares during the period. Finally, Qube Research & Technologies Ltd grew its position in shares of Invesco Aerospace & Defense ETF by 19.9% during the 2nd quarter. Qube Research & Technologies Ltd now owns 19,844 shares of the company’s stock worth $2,812,000 after buying an additional 3,294 shares during the period.

Invesco Aerospace & Defense ETF Price Performance

Shares of NYSEARCA:PPA opened at $163.53 on Thursday. Invesco Aerospace & Defense ETF has a one year low of $119.14 and a one year high of $186.30. The company has a 50 day moving average of $174.02 and a 200-day moving average of $165.82. The stock has a market cap of $7.82 billion, a price-to-earnings ratio of 30.91 and a beta of 0.78.

Invesco Aerospace & Defense ETF Company 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.