Kestra Advisory Services LLC Increases Position in Invesco Aerospace & Defense ETF $PPA

Kestra Advisory Services LLC increased its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 136.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 153,727 shares of the company’s stock after acquiring an additional 88,795 shares during the period. Kestra Advisory Services LLC’s holdings in Invesco Aerospace & Defense ETF were worth $25,473,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. eCIO Inc. bought a new stake in Invesco Aerospace & Defense ETF during the fourth quarter worth $28,000. EPG Wealth Management LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF during the 4th quarter valued at $31,000. Y.D. More Investments Ltd raised its stake in shares of 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 worth $32,000 after purchasing an additional 180 shares during the period. Binnacle Investments Inc raised its stake 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 purchasing an additional 96 shares during the period. Finally, Bayban purchased a new position in shares of Invesco Aerospace & Defense ETF in the 4th quarter worth about $38,000.

Invesco Aerospace & Defense ETF Stock Down 0.4%

PPA traded down $0.62 during trading on Friday, hitting $174.30. 127,359 shares of the company traded hands, compared to its average volume of 279,405. Invesco Aerospace & Defense ETF has a one year low of $142.07 and a one year high of $186.30. The stock’s fifty day moving average is $172.48 and its 200 day moving average is $172.60. The firm has a market cap of $8.22 billion, a P/E ratio of 30.91 and a beta of 0.73.

Invesco Aerospace & Defense ETF Company 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.