McNaughton Wealth Management LLC acquired a new stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 15,010 shares of the company’s stock, valued at approximately $2,333,000.
Several other institutional investors and hedge funds have also recently made changes to their positions in PPA. Capital Asset Advisory Services LLC raised its holdings in Invesco Aerospace & Defense ETF by 3.9% during the 2nd quarter. Capital Asset Advisory Services LLC now owns 360,983 shares of the company’s stock valued at $50,473,000 after buying an additional 13,405 shares during the last quarter. Axxcess Wealth Management LLC increased its position in shares of Invesco Aerospace & Defense ETF by 3.4% in the second quarter. Axxcess Wealth Management LLC now owns 358,675 shares of the company’s stock valued at $50,821,000 after acquiring an additional 11,909 shares during the period. Meitav Investment House Ltd. increased its position in shares of Invesco Aerospace & Defense ETF by 2.1% in the second quarter. Meitav Investment House Ltd. now owns 275,480 shares of the company’s stock valued at $39,033,000 after acquiring an additional 5,634 shares during the period. Kestra Advisory Services LLC boosted its holdings in shares of Invesco Aerospace & Defense ETF by 563.3% during the first quarter. Kestra Advisory Services LLC now owns 270,057 shares of the company’s stock worth $31,475,000 after purchasing an additional 229,345 shares during the period. Finally, Osaic Holdings Inc. boosted its holdings in shares of Invesco Aerospace & Defense ETF by 12.1% during the second quarter. Osaic Holdings Inc. now owns 206,410 shares of the company’s stock worth $29,257,000 after purchasing an additional 22,282 shares during the period.
Invesco Aerospace & Defense ETF Price Performance
NYSEARCA PPA opened at $151.38 on Thursday. Invesco Aerospace & Defense ETF has a 1 year low of $100.39 and a 1 year high of $160.37. The stock has a market capitalization of $6.58 billion, a PE ratio of 30.91 and a beta of 0.87. The business’s 50-day moving average is $153.08 and its 200 day moving average is $148.02.
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.
Recommended Stories
- Five stocks we like better than Invesco Aerospace & Defense ETF
- Russell 2000 Index, How Investors Use it For Profitable Trading
- Rate Cuts Make These 3 Income ETFs More Attractive Than Ever
- The Role Economic Reports Play in a Successful Investment Strategy
- Post 35% Surge, Analysts Eye More Upside in Copper Giant Freeport
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Why a SpaceX IPO Could Be a Major Catalyst for GOOGL Stock
Receive News & Ratings for Invesco Aerospace & Defense ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Aerospace & Defense ETF and related companies with MarketBeat.com's FREE daily email newsletter.
