Invesco Aerospace & Defense ETF $PPA Shares Acquired by Bank of Montreal Can

Bank of Montreal Can increased its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 11.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,720 shares of the company’s stock after purchasing an additional 1,101 shares during the quarter. Bank of Montreal Can’s holdings in Invesco Aerospace & Defense ETF were worth $1,519,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sigma Planning Corp lifted its holdings in Invesco Aerospace & Defense ETF by 1.7% in the 2nd quarter. Sigma Planning Corp now owns 15,080 shares of the company’s stock worth $2,137,000 after buying an additional 247 shares in the last quarter. Wakefield Asset Management LLLP purchased a new stake in shares of Invesco Aerospace & Defense ETF during the second quarter worth about $951,000. American Institute for Advanced Investment Management LLP lifted its stake in shares of Invesco Aerospace & Defense ETF by 1.6% in the second quarter. American Institute for Advanced Investment Management LLP now owns 15,238 shares of the company’s stock worth $2,159,000 after acquiring an additional 245 shares in the last quarter. GHP Investment Advisors Inc. lifted its stake in shares of Invesco Aerospace & Defense ETF by 401.0% in the second quarter. GHP Investment Advisors Inc. now owns 501 shares of the company’s stock worth $71,000 after acquiring an additional 401 shares in the last quarter. Finally, Uniting Wealth Partners LLC boosted its holdings in Invesco Aerospace & Defense ETF by 1.3% in the second quarter. Uniting Wealth Partners LLC now owns 55,717 shares of the company’s stock valued at $7,895,000 after purchasing an additional 693 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Down 2.4%

Shares of NYSEARCA PPA opened at $150.50 on Friday. Invesco Aerospace & Defense ETF has a fifty-two week low of $100.39 and a fifty-two week high of $160.37. The business has a 50 day moving average price of $153.93 and a two-hundred day moving average price of $144.14. The firm has a market cap of $6.54 billion, a PE ratio of 30.91 and a beta of 0.87.

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.