Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Reaches New 52-Week High at $103.88

Invesco Aerospace & Defense ETF (NYSEARCA:PPA)’s share price reached a new 52-week high on Monday . The company traded as high as $103.88 and last traded at $103.87, with a volume of 18798 shares. The stock had previously closed at $102.93.

Invesco Aerospace & Defense ETF Stock Performance

The firm has a market cap of $3.15 billion, a P/E ratio of 32.60 and a beta of 0.74. The business has a 50-day simple moving average of $99.98 and a 200 day simple moving average of $93.17.

Institutional Trading of Invesco Aerospace & Defense ETF

Several large investors have recently bought and sold shares of PPA. Tyler Stone Wealth Management lifted its stake in shares of Invesco Aerospace & Defense ETF by 18.4% in the 3rd quarter. Tyler Stone Wealth Management now owns 779 shares of the company’s stock valued at $62,000 after purchasing an additional 121 shares during the period. New England Private Wealth Advisors LLC lifted its position in Invesco Aerospace & Defense ETF by 0.3% during the fourth quarter. New England Private Wealth Advisors LLC now owns 39,671 shares of the company’s stock valued at $3,656,000 after buying an additional 136 shares during the period. Simplex Trading LLC boosted its holdings in shares of Invesco Aerospace & Defense ETF by 52.7% during the 3rd quarter. Simplex Trading LLC now owns 403 shares of the company’s stock valued at $32,000 after buying an additional 139 shares in the last quarter. Arkadios Wealth Advisors lifted its position in Invesco Aerospace & Defense ETF by 2.0% during the 1st quarter. Arkadios Wealth Advisors now owns 7,269 shares of the company’s stock valued at $738,000 after acquiring an additional 140 shares during the period. Finally, Total Clarity Wealth Management Inc. increased its stake in shares of Invesco Aerospace & Defense ETF by 4.1% during the fourth quarter. Total Clarity Wealth Management Inc. now owns 4,710 shares of the company’s stock valued at $434,000 after purchasing an additional 184 shares in the last quarter.

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.