Invesco Aerospace & Defense ETF $PPA Shares Acquired by Waverly Advisors LLC

Waverly Advisors LLC lifted its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 559.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,088 shares of the company’s stock after purchasing an additional 14,495 shares during the quarter. Waverly Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $2,831,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of PPA. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco Aerospace & Defense ETF by 2,760.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,817,263 shares of the company’s stock worth $441,268,000 after purchasing an additional 2,718,777 shares during the period. BNP Paribas Financial Markets increased its stake in Invesco Aerospace & Defense ETF by 533.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 190,000 shares of the company’s stock valued at $29,536,000 after buying an additional 160,000 shares during the period. Ameriprise Financial Inc. raised its position in Invesco Aerospace & Defense ETF by 43.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 400,922 shares of the company’s stock worth $62,303,000 after buying an additional 121,776 shares during the last quarter. Kestra Advisory Services LLC lifted its stake in shares of Invesco Aerospace & Defense ETF by 136.8% in the 1st quarter. Kestra Advisory Services LLC now owns 153,727 shares of the company’s stock worth $25,473,000 after acquiring an additional 88,795 shares during the period. Finally, EFG International AG acquired a new stake in shares of Invesco Aerospace & Defense ETF in the 4th quarter worth $13,799,000.

Invesco Aerospace & Defense ETF Stock Down 3.8%

Shares of NYSEARCA:PPA opened at $170.92 on Thursday. The company has a market cap of $8.08 billion, a price-to-earnings ratio of 30.91 and a beta of 0.73. The firm’s 50-day simple moving average is $173.63 and its 200-day simple moving average is $173.67. Invesco Aerospace & Defense ETF has a fifty-two week low of $142.07 and a fifty-two week 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.