Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $102.42 and last traded at $102.22, with a volume of 23945 shares trading hands. The stock had previously closed at $101.98.
Invesco Aerospace & Defense ETF Price Performance
The company has a market cap of $3.08 billion, a P/E ratio of 32.60 and a beta of 0.74. The stock has a fifty day moving average price of $99.20 and a two-hundred day moving average price of $92.30.
Institutional Investors Weigh In On Invesco Aerospace & Defense ETF
Institutional investors have recently made changes to their positions in the stock. Simplex Trading LLC grew its position in Invesco Aerospace & Defense ETF by 52.7% during the third quarter. Simplex Trading LLC now owns 403 shares of the company’s stock worth $32,000 after buying an additional 139 shares in the last quarter. GAMMA Investing LLC bought a new position in shares of Invesco Aerospace & Defense ETF in the fourth quarter worth approximately $39,000. Creekmur Asset Management LLC purchased a new stake in Invesco Aerospace & Defense ETF in the fourth quarter valued at approximately $44,000. Atlantic Edge Private Wealth Management LLC bought a new stake in Invesco Aerospace & Defense ETF during the fourth quarter valued at approximately $55,000. Finally, Tyler Stone Wealth Management grew its stake in Invesco Aerospace & Defense ETF by 18.4% in the 3rd quarter. Tyler Stone Wealth Management now owns 779 shares of the company’s stock worth $62,000 after buying an additional 121 shares in the last quarter.
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.
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