Rollins Financial Advisors LLC increased its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) by 33.4% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 6,097 shares of the company’s stock after buying an additional 1,526 shares during the period. Rollins Financial Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $864,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of PPA. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of Invesco Aerospace & Defense ETF in the 1st quarter valued at $27,000. Briaud Financial Planning Inc purchased a new position in shares of Invesco Aerospace & Defense ETF during the second quarter worth $27,000. Banque Transatlantique SA purchased a new position in shares of Invesco Aerospace & Defense ETF during the first quarter worth $32,000. Atlantic Union Bankshares Corp acquired a new position in Invesco Aerospace & Defense ETF during the second quarter valued at $43,000. Finally, Simplex Trading LLC purchased a new stake in Invesco Aerospace & Defense ETF in the first quarter valued at $56,000.
Invesco Aerospace & Defense ETF Stock Performance
Shares of PPA opened at $153.34 on Friday. The business’s 50-day moving average is $153.43 and its two-hundred day moving average is $143.33. The company has a market capitalization of $6.67 billion, a P/E ratio of 30.91 and a beta of 0.87. Invesco Aerospace & Defense ETF has a fifty-two week low of $100.39 and a fifty-two week high of $160.37.
Invesco Aerospace & Defense ETF 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.
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