Invesco Aerospace & Defense ETF $PPA Stock Position Increased by Moneco Advisors LLC

Moneco Advisors LLC lifted its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 22.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 17,665 shares of the company’s stock after buying an additional 3,246 shares during the period. Moneco Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $2,767,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of PPA. Goldman Sachs Group Inc. raised its stake in shares of Invesco Aerospace & Defense ETF by 208.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 30,874 shares of the company’s stock worth $3,598,000 after buying an additional 20,869 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Invesco Aerospace & Defense ETF by 14.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 38,989 shares of the company’s stock worth $5,524,000 after buying an additional 4,915 shares in the last quarter. Walleye Capital LLC bought a new stake in shares of Invesco Aerospace & Defense ETF in the 2nd quarter worth $318,000. Cerity Partners LLC raised its stake in shares of Invesco Aerospace & Defense ETF by 24.6% in the 2nd quarter. Cerity Partners LLC now owns 23,863 shares of the company’s stock worth $3,384,000 after buying an additional 4,706 shares in the last quarter. Finally, Qube Research & Technologies Ltd raised its stake in shares of Invesco Aerospace & Defense ETF by 19.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 19,844 shares of the company’s stock worth $2,812,000 after buying an additional 3,294 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Down 0.1%

Shares of Invesco Aerospace & Defense ETF stock opened at $169.50 on Thursday. The stock’s fifty day moving average is $171.92 and its 200-day moving average is $166.62. The firm has a market capitalization of $8.11 billion, a PE ratio of 30.91 and a beta of 0.72. Invesco Aerospace & Defense ETF has a 12-month low of $127.75 and a 12-month high of $186.30.

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.