J.W. Cole Advisors Inc. Grows Position in Invesco Aerospace & Defense ETF $PPA

J.W. Cole Advisors Inc. grew its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 6.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 64,401 shares of the company’s stock after purchasing an additional 3,686 shares during the period. J.W. Cole Advisors Inc. owned approximately 0.15% of Invesco Aerospace & Defense ETF worth $10,011,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Benjamin Edwards Inc. lifted its stake in shares of Invesco Aerospace & Defense ETF by 1.2% in the third quarter. Benjamin Edwards Inc. now owns 5,724 shares of the company’s stock valued at $891,000 after purchasing an additional 69 shares during the period. National Wealth Management Group LLC grew its position in Invesco Aerospace & Defense ETF by 1.3% during the second quarter. National Wealth Management Group LLC now owns 5,445 shares of the company’s stock worth $772,000 after buying an additional 71 shares during the period. Ellis Investment Partners LLC increased its holdings in Invesco Aerospace & Defense ETF by 0.5% in the second quarter. Ellis Investment Partners LLC now owns 16,053 shares of the company’s stock valued at $2,274,000 after buying an additional 73 shares in the last quarter. Smith Moore & CO. increased its holdings in Invesco Aerospace & Defense ETF by 3.4% in the second quarter. Smith Moore & CO. now owns 2,347 shares of the company’s stock valued at $333,000 after buying an additional 77 shares in the last quarter. Finally, Guardian Asset Advisors LLC lifted its position in shares of Invesco Aerospace & Defense ETF by 0.8% during the 2nd quarter. Guardian Asset Advisors LLC now owns 10,512 shares of the company’s stock valued at $1,489,000 after acquiring an additional 79 shares during the period.

Invesco Aerospace & Defense ETF Price Performance

Shares of NYSEARCA:PPA opened at $176.26 on Wednesday. The firm has a market capitalization of $7.87 billion, a price-to-earnings ratio of 30.91 and a beta of 0.87. The business’s 50 day simple moving average is $163.31 and its 200-day simple moving average is $155.23. Invesco Aerospace & Defense ETF has a 12 month low of $100.39 and a 12 month high of $181.31.

Invesco Aerospace & Defense ETF 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.