Perigon Wealth Management LLC Has $8.97 Million Stock Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Perigon Wealth Management LLC reduced its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 0.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,968 shares of the company’s stock after selling 542 shares during the period. Perigon Wealth Management LLC’s holdings in Invesco Aerospace & Defense ETF were worth $8,971,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in PPA. IFP Advisors Inc raised its position in Invesco Aerospace & Defense ETF by 46.8% during the fourth quarter. IFP Advisors Inc now owns 4,067 shares of the company’s stock valued at $467,000 after purchasing an additional 1,296 shares in the last quarter. WT Wealth Management increased its holdings in shares of Invesco Aerospace & Defense ETF by 3.5% during the fourth quarter. WT Wealth Management now owns 37,076 shares of the company’s stock worth $4,254,000 after buying an additional 1,247 shares in the last quarter. Kovack Advisors Inc. increased its holdings in shares of Invesco Aerospace & Defense ETF by 8.5% during the fourth quarter. Kovack Advisors Inc. now owns 2,859 shares of the company’s stock worth $328,000 after buying an additional 223 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Invesco Aerospace & Defense ETF by 83.4% during the fourth quarter. Jones Financial Companies Lllp now owns 42,987 shares of the company’s stock worth $4,932,000 after buying an additional 19,547 shares in the last quarter. Finally, Keystone Wealth Services LLC increased its holdings in shares of Invesco Aerospace & Defense ETF by 44.6% during the fourth quarter. Keystone Wealth Services LLC now owns 11,686 shares of the company’s stock worth $1,341,000 after buying an additional 3,607 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA:PPA opened at $136.80 on Thursday. The company has a fifty day moving average of $129.10 and a 200-day moving average of $120.98. The company has a market capitalization of $5.48 billion, a PE ratio of 29.10 and a beta of 0.85. Invesco Aerospace & Defense ETF has a 52-week low of $100.39 and a 52-week high of $137.55.

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.