Invesco Aerospace & Defense ETF $PPA Stock Position Lifted by Western Wealth Management LLC

Western Wealth Management LLC lifted its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 59.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,152 shares of the company’s stock after purchasing an additional 4,917 shares during the quarter. Western Wealth Management LLC’s holdings in Invesco Aerospace & Defense ETF were worth $2,060,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of PPA. Bank of America Corp DE lifted its stake in Invesco Aerospace & Defense ETF by 2.3% in the 3rd quarter. Bank of America Corp DE now owns 7,668,214 shares of the company’s stock worth $1,192,024,000 after acquiring an additional 173,290 shares in the last quarter. UBS Group AG lifted its stake in Invesco Aerospace & Defense ETF by 5.9% in the 3rd quarter. UBS Group AG now owns 825,841 shares of the company’s stock worth $128,377,000 after acquiring an additional 46,319 shares in the last quarter. HighTower Advisors LLC lifted its stake in Invesco Aerospace & Defense ETF by 8.2% in the 3rd quarter. HighTower Advisors LLC now owns 536,086 shares of the company’s stock worth $83,338,000 after acquiring an additional 40,640 shares in the last quarter. Raymond James Financial Inc. lifted its stake in Invesco Aerospace & Defense ETF by 4.8% in the 3rd quarter. Raymond James Financial Inc. now owns 460,471 shares of the company’s stock worth $71,580,000 after acquiring an additional 20,948 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in Invesco Aerospace & Defense ETF by 43.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 400,922 shares of the company’s stock worth $62,303,000 after acquiring an additional 121,776 shares in the last quarter.

Invesco Aerospace & Defense ETF Trading Up 0.0%

Shares of Invesco Aerospace & Defense ETF stock opened at $169.52 on Friday. The stock has a 50-day moving average price of $171.66 and a 200 day moving average price of $166.69. The company has a market cap of $8.11 billion, a P/E ratio of 30.91 and a beta of 0.72. Invesco Aerospace & Defense ETF has a 1 year low of $128.11 and a 1 year high of $186.30.

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.