McNaughton Wealth Management LLC Acquires 4,145 Shares of Invesco Aerospace & Defense ETF $PPA

McNaughton Wealth Management LLC grew its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 16.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,938 shares of the company’s stock after buying an additional 4,145 shares during the period. Invesco Aerospace & Defense ETF accounts for about 1.8% of McNaughton Wealth Management LLC’s portfolio, making the stock its 17th biggest holding. McNaughton Wealth Management LLC owned approximately 0.06% of Invesco Aerospace & Defense ETF worth $5,112,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in PPA. Binnacle Investments Inc increased its holdings in shares of Invesco Aerospace & Defense ETF by 84.2% during the 2nd quarter. Binnacle Investments Inc now owns 210 shares of the company’s stock worth $30,000 after acquiring an additional 96 shares during the last quarter. EPG Wealth Management LLC acquired a new stake in Invesco Aerospace & Defense ETF during the 4th quarter valued at $31,000. Y.D. More Investments Ltd lifted 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 purchasing an additional 180 shares during the last quarter. Bayban bought a new position in Invesco Aerospace & Defense ETF during the fourth quarter worth $38,000. Finally, High Point Wealth Management LLC bought a new position in Invesco Aerospace & Defense ETF during the fourth quarter worth $41,000.

Invesco Aerospace & Defense ETF Price Performance

NYSEARCA:PPA opened at $183.47 on Thursday. The company has a market cap of $8.69 billion, a P/E ratio of 30.91 and a beta of 0.74. The firm’s fifty day moving average price is $174.36 and its two-hundred day moving average price is $173.78. Invesco Aerospace & Defense ETF has a one year low of $143.44 and a one year high of $186.30.

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.