Pachira Investments Inc. Buys New Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Pachira Investments Inc. purchased a new position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 2,094 shares of the company’s stock, valued at approximately $241,000.

A number of other institutional investors have also recently made changes to their positions in the stock. LPL Financial LLC grew its position in Invesco Aerospace & Defense ETF by 15.6% in the second quarter. LPL Financial LLC now owns 1,372,803 shares of the company’s stock worth $141,014,000 after acquiring an additional 184,961 shares in the last quarter. Miracle Mile Advisors LLC increased its position in shares of Invesco Aerospace & Defense ETF by 2.8% during the 2nd quarter. Miracle Mile Advisors LLC now owns 581,554 shares of the company’s stock valued at $59,737,000 after purchasing an additional 15,567 shares during the last quarter. Axxcess Wealth Management LLC lifted its position in Invesco Aerospace & Defense ETF by 6.6% in the 2nd quarter. Axxcess Wealth Management LLC now owns 336,088 shares of the company’s stock worth $34,523,000 after buying an additional 20,857 shares during the last quarter. Capital Asset Advisory Services LLC raised its stake in shares of Invesco Aerospace & Defense ETF by 17.1% during the first quarter. Capital Asset Advisory Services LLC now owns 311,075 shares of the company’s stock worth $31,565,000 after acquiring an additional 45,477 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of Invesco Aerospace & Defense ETF by 8.2% in the 2nd quarter. Cetera Investment Advisers now owns 244,062 shares of the company’s stock valued at $25,070,000 after purchasing an additional 18,544 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Up 0.1 %

Invesco Aerospace & Defense ETF stock opened at $119.29 on Friday. The firm has a fifty day simple moving average of $113.03 and a two-hundred day simple moving average of $106.82. Invesco Aerospace & Defense ETF has a twelve month low of $79.33 and a twelve month high of $119.38. The company has a market capitalization of $3.72 billion, a PE ratio of 33.87 and a beta of 0.73.

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.