Western Wealth Management LLC Has $943,000 Stock Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Western Wealth Management LLC grew its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 8.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,089 shares of the company’s stock after purchasing an additional 623 shares during the quarter. Western Wealth Management LLC’s holdings in Invesco Aerospace & Defense ETF were worth $943,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. IFP Advisors Inc increased its position in shares of 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 during the period. Kovack Advisors Inc. increased its holdings in Invesco Aerospace & Defense ETF by 8.5% in the 4th quarter. Kovack Advisors Inc. now owns 2,859 shares of the company’s stock valued at $328,000 after buying an additional 223 shares during the period. Jones Financial Companies Lllp increased its holdings in Invesco Aerospace & Defense ETF by 83.4% in the 4th quarter. Jones Financial Companies Lllp now owns 42,987 shares of the company’s stock valued at $4,932,000 after buying an additional 19,547 shares during the period. Keystone Wealth Services LLC raised its stake in shares of Invesco Aerospace & Defense ETF by 44.6% in the 4th quarter. Keystone Wealth Services LLC now owns 11,686 shares of the company’s stock valued at $1,341,000 after buying an additional 3,607 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its holdings in shares of Invesco Aerospace & Defense ETF by 3.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 51,445 shares of the company’s stock worth $5,902,000 after acquiring an additional 1,899 shares during the period.

Invesco Aerospace & Defense ETF Trading Up 1.2%

NYSEARCA PPA opened at $140.56 on Friday. Invesco Aerospace & Defense ETF has a 1-year low of $100.39 and a 1-year high of $141.00. The company has a market capitalization of $5.76 billion, a price-to-earnings ratio of 29.10 and a beta of 0.98. The stock’s 50 day moving average is $130.05 and its two-hundred day moving average is $121.27.

About Invesco Aerospace & Defense ETF

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.