Atria Investments Inc raised its stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) by 31.4% during the second quarter, HoldingsChannel.com reports. The fund owned 4,180 shares of the company’s stock after purchasing an additional 999 shares during the quarter. Atria Investments Inc’s holdings in Invesco Aerospace & Defense ETF were worth $592,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Briaud Financial Planning Inc purchased a new position in shares of Invesco Aerospace & Defense ETF during the second quarter valued at about $27,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of Invesco Aerospace & Defense ETF in the first quarter worth about $27,000. Banque Transatlantique SA bought a new position in Invesco Aerospace & Defense ETF during the first quarter valued at approximately $32,000. Simplex Trading LLC purchased a new position in Invesco Aerospace & Defense ETF during the 1st quarter valued at approximately $56,000. Finally, Ancora Advisors LLC grew its holdings in Invesco Aerospace & Defense ETF by 49.8% during the 1st quarter. Ancora Advisors LLC now owns 935 shares of the company’s stock valued at $109,000 after buying an additional 311 shares in the last quarter.
Invesco Aerospace & Defense ETF Price Performance
NYSEARCA:PPA opened at $153.34 on Monday. The company has a market cap of $6.67 billion, a price-to-earnings ratio of 30.91 and a beta of 0.87. Invesco Aerospace & Defense ETF has a 1 year low of $100.39 and a 1 year high of $160.37. The stock’s 50 day simple moving average is $153.43 and its two-hundred day simple moving average is $143.52.
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.
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