Schuylkill Financial LLC Makes New $840,000 Investment in Invesco Aerospace & Defense ETF $PPA

Schuylkill Financial LLC bought a new position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 5,432 shares of the company’s stock, valued at approximately $840,000.

Other institutional investors have also recently made changes to their positions in the company. Montgomery Financial Services LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF in the second quarter valued at about $25,000. Tucker Asset Management LLC lifted its position in shares of Invesco Aerospace & Defense ETF by 233.7% during the second quarter. Tucker Asset Management LLC now owns 327 shares of the company’s stock valued at $58,000 after purchasing an additional 229 shares in the last quarter. Harbor Asset Planning Inc. boosted its holdings in Invesco Aerospace & Defense ETF by 44.2% during the first quarter. Harbor Asset Planning Inc. now owns 463 shares of the company’s stock worth $77,000 after purchasing an additional 142 shares during the last quarter. United Community Bank purchased a new position in Invesco Aerospace & Defense ETF during the second quarter worth about $82,000. Finally, Rossmore Private Capital boosted its holdings in Invesco Aerospace & Defense ETF by 71.4% during the first quarter. Rossmore Private Capital now owns 600 shares of the company’s stock worth $99,000 after purchasing an additional 250 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Up 0.5%

PPA stock traded up $0.84 during trading on Wednesday, reaching $156.02. The stock had a trading volume of 131,131 shares, compared to its average volume of 261,191. Invesco Aerospace & Defense ETF has a one year low of $144.29 and a one year high of $186.30. The company’s 50 day moving average is $163.49 and its two-hundred day moving average is $169.69. The company has a market capitalization of $7.40 billion, a price-to-earnings ratio of 30.91 and a beta of 0.75.

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.