Detalus Advisors LLC Boosts Holdings in Invesco Aerospace & Defense ETF $PPA

Detalus Advisors LLC boosted its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 30.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 43,266 shares of the company’s stock after acquiring an additional 9,978 shares during the period. Invesco Aerospace & Defense ETF comprises 1.6% of Detalus Advisors LLC’s portfolio, making the stock its 12th largest holding. Detalus Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $7,169,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. eCIO Inc. acquired a new stake in shares of Invesco Aerospace & Defense ETF in the fourth quarter valued at approximately $28,000. Binnacle Investments Inc lifted its stake in Invesco Aerospace & Defense ETF by 84.2% in the 2nd quarter. Binnacle Investments Inc now owns 210 shares of the company’s stock valued at $30,000 after buying an additional 96 shares in the last quarter. EPG Wealth Management LLC purchased a new stake in Invesco Aerospace & Defense ETF in the 4th quarter valued at approximately $31,000. Y.D. More Investments Ltd grew its holdings in Invesco Aerospace & Defense ETF by 720.0% during the 4th quarter. Y.D. More Investments Ltd now owns 205 shares of the company’s stock valued at $32,000 after buying an additional 180 shares during the last quarter. Finally, Bayban acquired a new stake in Invesco Aerospace & Defense ETF during the 4th quarter valued at $38,000.

Invesco Aerospace & Defense ETF Stock Performance

Invesco Aerospace & Defense ETF stock opened at $171.54 on Monday. Invesco Aerospace & Defense ETF has a fifty-two week low of $138.83 and a fifty-two week high of $186.30. The company has a market capitalization of $8.20 billion, a price-to-earnings ratio of 30.91 and a beta of 0.73. The stock has a fifty day moving average of $170.93 and a two-hundred day moving average of $171.03.

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. 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.