Truist Financial Corp Sells 2,531 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Truist Financial Corp reduced its stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 2.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 126,852 shares of the company’s stock after selling 2,531 shares during the quarter. Truist Financial Corp’s holdings in Invesco Aerospace & Defense ETF were worth $11,691,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Simplex Trading LLC grew its holdings in shares of Invesco Aerospace & Defense ETF by 52.7% during the third quarter. Simplex Trading LLC now owns 403 shares of the company’s stock worth $32,000 after buying an additional 139 shares in the last quarter. GAMMA Investing LLC acquired a new stake in shares of Invesco Aerospace & Defense ETF in the fourth quarter valued at approximately $39,000. Tyler Stone Wealth Management lifted its position in shares of Invesco Aerospace & Defense ETF by 18.4% in the third quarter. Tyler Stone Wealth Management now owns 779 shares of the company’s stock worth $62,000 after purchasing an additional 121 shares in the last quarter. Ancora Advisors LLC boosted its holdings in Invesco Aerospace & Defense ETF by 40.1% during the third quarter. Ancora Advisors LLC now owns 874 shares of the company’s stock worth $70,000 after purchasing an additional 250 shares during the last quarter. Finally, WealthShield Partners LLC bought a new position in Invesco Aerospace & Defense ETF in the fourth quarter valued at $79,000.

Invesco Aerospace & Defense ETF Price Performance

Invesco Aerospace & Defense ETF stock opened at $101.17 on Thursday. The company has a market cap of $3.06 billion, a price-to-earnings ratio of 32.60 and a beta of 0.74. The firm has a 50-day moving average of $99.44 and a 200-day moving average of $92.49. Invesco Aerospace & Defense ETF has a one year low of $77.17 and a one year high of $102.42.

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.