12,786 Shares in Invesco Aerospace & Defense ETF $PPA Purchased by Independent Financial Group LLC

Independent Financial Group LLC bought a new stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 12,786 shares of the company’s stock, valued at approximately $2,119,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. eCIO Inc. purchased a new stake in shares of Invesco Aerospace & Defense ETF in the 4th quarter worth approximately $28,000. EPG Wealth Management LLC purchased a new position in Invesco Aerospace & Defense ETF during the fourth quarter valued at $31,000. Y.D. More Investments Ltd boosted its holdings in Invesco Aerospace & Defense ETF by 720.0% in the fourth quarter. Y.D. More Investments Ltd now owns 205 shares of the company’s stock worth $32,000 after acquiring an additional 180 shares in the last quarter. Binnacle Investments Inc boosted its holdings in Invesco Aerospace & Defense ETF by 84.2% in the second quarter. Binnacle Investments Inc now owns 210 shares of the company’s stock worth $30,000 after acquiring an additional 96 shares in the last quarter. Finally, Bayban bought a new stake in Invesco Aerospace & Defense ETF in the fourth quarter worth $38,000.

Invesco Aerospace & Defense ETF Trading Down 0.2%

NYSEARCA PPA opened at $168.51 on Friday. Invesco Aerospace & Defense ETF has a 12 month low of $142.07 and a 12 month high of $186.30. The stock’s fifty day moving average price is $172.84 and its 200-day moving average price is $172.98. The stock has a market cap of $7.95 billion, a P/E ratio of 30.91 and a beta of 0.73.

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.