6,103 Shares of Invesco Aerospace & Defense ETF $PPA Purchased by Verus Capital Partners LLC

Verus Capital Partners LLC bought a new position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 6,103 shares of the company’s stock, valued at approximately $944,000.

Several other large investors have also recently made changes to their positions in the stock. International Assets Investment Management LLC grew its stake in shares of Invesco Aerospace & Defense ETF by 3,460.0% in the third 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 in the last quarter. Assetmark Inc. grew its holdings in shares of Invesco Aerospace & Defense ETF by 8,939.8% in the first quarter. Assetmark Inc. now owns 68,974 shares of the company’s stock valued at $11,429,000 after purchasing an additional 68,211 shares in the last quarter. Cetera Investment Advisers increased its stake in Invesco Aerospace & Defense ETF by 15.4% during the 1st quarter. Cetera Investment Advisers now owns 352,527 shares of the company’s stock worth $58,414,000 after buying an additional 47,060 shares during the period. Modern Wealth Management LLC grew its stake in shares of Invesco Aerospace & Defense ETF by 39.3% in the first quarter. Modern Wealth Management LLC now owns 125,622 shares of the company’s stock worth $21,313,000 after acquiring an additional 35,466 shares in the last quarter. Finally, Fischer Investment Strategies LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF during the first quarter worth $5,489,000.

Invesco Aerospace & Defense ETF Price Performance

Shares of NYSEARCA PPA opened at $153.19 on Monday. The company has a market cap of $7.25 billion, a price-to-earnings ratio of 26.95 and a beta of 0.76. The stock’s 50-day moving average is $158.42 and its two-hundred day moving average is $170.26. 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.