Warner Group LLC Makes New Investment in Invesco Aerospace & Defense ETF $PPA

Warner Group LLC bought a new stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 43,439 shares of the company’s stock, valued at approximately $6,753,000. Invesco Aerospace & Defense ETF accounts for about 4.6% of Warner Group LLC’s investment portfolio, making the stock its 7th largest position. Warner Group LLC owned 0.10% of Invesco Aerospace & Defense ETF at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Invesco Aerospace & Defense ETF by 66.6% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 246,697 shares of the company’s stock valued at $38,349,000 after purchasing an additional 98,597 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in Invesco Aerospace & Defense ETF by 12.1% during the second quarter. Osaic Holdings Inc. now owns 206,410 shares of the company’s stock worth $29,257,000 after buying an additional 22,282 shares during the period. Envestnet Asset Management Inc. boosted its position in Invesco Aerospace & Defense ETF by 11.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 191,031 shares of the company’s stock valued at $29,696,000 after acquiring an additional 19,472 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Invesco Aerospace & Defense ETF by 19.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 185,002 shares of the company’s stock valued at $28,758,000 after acquiring an additional 30,441 shares during the period. Finally, Truist Financial Corp increased its holdings in shares of Invesco Aerospace & Defense ETF by 15.2% in the 3rd quarter. Truist Financial Corp now owns 161,677 shares of the company’s stock valued at $25,133,000 after acquiring an additional 21,284 shares during the period.

Invesco Aerospace & Defense ETF Price Performance

Shares of NYSEARCA PPA opened at $176.10 on Friday. The stock has a market capitalization of $7.89 billion, a P/E ratio of 30.91 and a beta of 0.87. Invesco Aerospace & Defense ETF has a 1-year low of $100.39 and a 1-year high of $181.31. The business has a fifty day moving average price of $167.14 and a 200 day moving average price of $156.72.

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.