Signal Advisors Wealth LLC Purchases 3,213 Shares of Invesco Aerospace & Defense ETF $PPA

Signal Advisors Wealth LLC boosted its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 57.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 8,826 shares of the company’s stock after purchasing an additional 3,213 shares during the period. Signal Advisors Wealth LLC’s holdings in Invesco Aerospace & Defense ETF were worth $1,382,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BOK Financial Private Wealth Inc. lifted its position in shares of Invesco Aerospace & Defense ETF by 84.2% during the 3rd quarter. BOK Financial Private Wealth Inc. now owns 175 shares of the company’s stock worth $27,000 after buying an additional 80 shares in the last quarter. Evolution Wealth Management Inc. bought a new position in shares of Invesco Aerospace & Defense ETF in the second quarter valued at approximately $26,000. Binnacle Investments Inc increased its position in shares of Invesco Aerospace & Defense ETF by 84.2% during the second quarter. Binnacle Investments Inc now owns 210 shares of the company’s stock valued at $30,000 after acquiring an additional 96 shares during the last quarter. Avalon Trust Co purchased a new stake in shares of Invesco Aerospace & Defense ETF during the third quarter valued at approximately $47,000. Finally, Wealth Watch Advisors INC bought a new stake in Invesco Aerospace & Defense ETF during the third quarter worth $49,000.

Invesco Aerospace & Defense ETF Trading Down 2.2%

Shares of Invesco Aerospace & Defense ETF stock opened at $167.54 on Friday. The business’s fifty day simple moving average is $176.58 and its 200 day simple moving average is $162.71. Invesco Aerospace & Defense ETF has a 12 month low of $100.39 and a 12 month high of $186.30. The firm has a market capitalization of $7.50 billion, a P/E ratio of 30.91 and a beta of 0.87.

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. The modified market-cap portfolio is rebalanced quarterly and reconstituted annually. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.