Financial Sense Advisors Inc. boosted its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) by 67.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,583 shares of the company’s stock after purchasing an additional 6,682 shares during the quarter. Financial Sense Advisors Inc. owned approximately 0.05% of Invesco Aerospace & Defense ETF worth $1,903,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in the business. Howe & Rusling Inc. acquired a new stake in shares of Invesco Aerospace & Defense ETF during the 3rd quarter worth approximately $27,000. Glass Jacobson Investment Advisors llc grew its stake in Invesco Aerospace & Defense ETF by 50.5% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock worth $35,000 after buying an additional 102 shares during the last quarter. Eastern Bank acquired a new stake in Invesco Aerospace & Defense ETF in the third quarter worth $46,000. Assetmark Inc. bought a new stake in Invesco Aerospace & Defense ETF in the third quarter valued at $54,000. Finally, Continuum Advisory LLC boosted its holdings in shares of Invesco Aerospace & Defense ETF by 47.6% during the third quarter. Continuum Advisory LLC now owns 465 shares of the company’s stock valued at $55,000 after acquiring an additional 150 shares during the period.
Invesco Aerospace & Defense ETF Stock Down 0.3 %
PPA stock opened at $117.70 on Thursday. The stock has a market cap of $3.67 billion, a PE ratio of 33.87 and a beta of 0.73. The firm’s 50-day simple moving average is $117.90 and its 200 day simple moving average is $116.04. Invesco Aerospace & Defense ETF has a fifty-two week low of $94.91 and a fifty-two week high of $124.89.
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.
Further Reading
- Five stocks we like better than Invesco Aerospace & Defense ETF
- Stock Dividend Cuts Happen Are You Ready?
- Nebius Group: NVIDIA’s Investment Sparks All-Time Highs
- 3 Small Caps With Big Return Potential
- SoFi Stock Rallying Strong in the Last 5 Days—What’s Driving It?
- What is Short Interest? How to Use It
- Intel Surges on M&A Talks: Rally Beginning or Just a Headfake?
Want to see what other hedge funds are holding PPA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report).
Receive News & Ratings for Invesco Aerospace & Defense ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Aerospace & Defense ETF and related companies with MarketBeat.com's FREE daily email newsletter.
