Hirtle Callaghan & Co LLC Makes New $230,000 Investment in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Hirtle Callaghan & Co LLC acquired a new position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,001 shares of the company’s stock, valued at approximately $230,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Park Avenue Securities LLC purchased a new stake in Invesco Aerospace & Defense ETF in the fourth quarter valued at $935,000. FMR LLC raised its position in Invesco Aerospace & Defense ETF by 26.6% in the third quarter. FMR LLC now owns 7,061 shares of the company’s stock valued at $812,000 after purchasing an additional 1,482 shares during the period. JPMorgan Chase & Co. raised its position in Invesco Aerospace & Defense ETF by 87.2% in the third quarter. JPMorgan Chase & Co. now owns 16,218 shares of the company’s stock valued at $1,865,000 after purchasing an additional 7,555 shares during the period. Janney Montgomery Scott LLC raised its position in Invesco Aerospace & Defense ETF by 7.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 91,667 shares of the company’s stock valued at $10,517,000 after purchasing an additional 6,648 shares during the period. Finally, Zacks Investment Management raised its position in Invesco Aerospace & Defense ETF by 5.1% in the third quarter. Zacks Investment Management now owns 2,627 shares of the company’s stock valued at $302,000 after purchasing an additional 127 shares during the period.

Invesco Aerospace & Defense ETF Stock Down 0.6 %

NYSEARCA:PPA opened at $117.52 on Monday. Invesco Aerospace & Defense ETF has a 52 week low of $97.64 and a 52 week high of $124.89. The company has a market capitalization of $4.63 billion, a P/E ratio of 27.08 and a beta of 0.95. The stock’s fifty day moving average is $117.84 and its two-hundred day moving average is $117.02.

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.