United Asset Strategies Inc. Has $1.76 Million Stock Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

United Asset Strategies Inc. lifted its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 2.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,019 shares of the company’s stock after purchasing an additional 628 shares during the period. United Asset Strategies Inc. owned approximately 0.17% of Invesco Aerospace & Defense ETF worth $1,755,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in PPA. Carroll Financial Associates Inc. acquired a new stake in shares of Invesco Aerospace & Defense ETF during the first quarter worth $99,000. Certified Advisory Corp grew its holdings in shares of Invesco Aerospace & Defense ETF by 14.9% during the first quarter. Certified Advisory Corp now owns 2,885 shares of the company’s stock valued at $167,000 after buying an additional 374 shares in the last quarter. Strategic Advisors LLC purchased a new position in shares of Invesco Aerospace & Defense ETF during the first quarter valued at $205,000. Intl Fcstone Inc. purchased a new position in shares of Invesco Aerospace & Defense ETF during the second quarter valued at $227,000. Finally, CWM LLC grew its holdings in shares of Invesco Aerospace & Defense ETF by 83.4% during the first quarter. CWM LLC now owns 3,975 shares of the company’s stock valued at $230,000 after buying an additional 1,808 shares in the last quarter.

Shares of PPA stock traded up $0.43 on Tuesday, reaching $66.28. 1,502 shares of the company’s stock traded hands, compared to its average volume of 68,329. Invesco Aerospace & Defense ETF has a 12-month low of $45.98 and a 12-month high of $67.20. The company has a 50 day moving average of $65.64.

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.

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Institutional Ownership by Quarter for Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

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