Invesco Aerospace & Defense ETF $PPA Position Raised by Kestra Advisory Services LLC

Kestra Advisory Services LLC boosted its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 6.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 174,184 shares of the company’s stock after purchasing an additional 9,980 shares during the quarter. Kestra Advisory Services LLC owned about 0.37% of Invesco Aerospace & Defense ETF worth $26,932,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PPA. Cetera Investment Advisers raised its holdings in Invesco Aerospace & Defense ETF by 15.4% during the first quarter. Cetera Investment Advisers now owns 352,527 shares of the company’s stock worth $58,414,000 after purchasing an additional 47,060 shares in the last quarter. International Assets Investment Management LLC grew its position in shares of Invesco Aerospace & Defense ETF by 3,460.0% in the 3rd quarter. International Assets Investment Management LLC now owns 300,000 shares of the company’s stock valued at $46,386,000 after buying an additional 291,573 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Invesco Aerospace & Defense ETF by 9.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 241,110 shares of the company’s stock valued at $42,592,000 after buying an additional 20,102 shares during the last quarter. Royal Bank of Canada raised its stake in Invesco Aerospace & Defense ETF by 8.9% during the 1st quarter. Royal Bank of Canada now owns 200,967 shares of the company’s stock worth $33,300,000 after acquiring an additional 16,357 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in Invesco Aerospace & Defense ETF by 25.2% during the 2nd quarter. Janney Montgomery Scott LLC now owns 140,041 shares of the company’s stock worth $24,738,000 after acquiring an additional 28,229 shares in the last quarter.

Invesco Aerospace & Defense ETF Price Performance

Shares of PPA opened at $153.19 on Friday. Invesco Aerospace & Defense ETF has a 1-year low of $144.29 and a 1-year high of $186.30. The stock has a market cap of $7.25 billion, a PE ratio of 26.95 and a beta of 0.76. The firm has a fifty day moving average price of $158.42 and a 200 day moving average price of $170.26.

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.