LexAurum Advisors LLC increased its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) by 22.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,485 shares of the company’s stock after acquiring an additional 5,849 shares during the quarter. LexAurum Advisors LLC owned about 0.07% of Invesco Aerospace & Defense ETF worth $5,023,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Foguth Wealth Management LLC. increased its position in shares of Invesco Aerospace & Defense ETF by 5.2% during the third quarter. Foguth Wealth Management LLC. now owns 1,951 shares of the company’s stock worth $305,000 after purchasing an additional 96 shares in the last quarter. Center For Asset Management LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF in the 3rd quarter valued at about $404,000. Vontobel Holding Ltd. lifted its holdings in shares of Invesco Aerospace & Defense ETF by 10.0% in the 3rd quarter. Vontobel Holding Ltd. now owns 2,522 shares of the company’s stock valued at $390,000 after purchasing an additional 230 shares during the last quarter. TD Waterhouse Canada Inc. boosted its position in shares of Invesco Aerospace & Defense ETF by 6.1% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 16,394 shares of the company’s stock valued at $2,550,000 after purchasing an additional 936 shares during the period. Finally, Cyndeo Wealth Partners LLC acquired a new stake in shares of Invesco Aerospace & Defense ETF in the 3rd quarter valued at about $870,000.
Invesco Aerospace & Defense ETF Stock Up 0.0%
NYSEARCA:PPA traded up $0.01 during mid-day trading on Monday, reaching $156.44. 123,735 shares of the stock were exchanged, compared to its average volume of 260,819. The company has a 50 day simple moving average of $164.63 and a 200-day simple moving average of $169.86. The stock has a market capitalization of $7.42 billion, a P/E ratio of 30.91 and a beta of 0.75. Invesco Aerospace & Defense ETF has a 1 year low of $144.29 and a 1 year high of $186.30.
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. 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.
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