PNC Financial Services Group Inc. Has $973,000 Position in Invesco Aerospace & Defense ETF $PPA

PNC Financial Services Group Inc. raised its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 18.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,868 shares of the company’s stock after purchasing an additional 1,049 shares during the period. PNC Financial Services Group Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $973,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of PPA. Kestra Private Wealth Services LLC lifted its stake in Invesco Aerospace & Defense ETF by 19.7% in the first quarter. Kestra Private Wealth Services LLC now owns 2,567 shares of the company’s stock valued at $299,000 after buying an additional 422 shares in the last quarter. Avantax Advisory Services Inc. increased its position in shares of Invesco Aerospace & Defense ETF by 15.0% during the first quarter. Avantax Advisory Services Inc. now owns 2,815 shares of the company’s stock worth $328,000 after acquiring an additional 367 shares in the last quarter. ORG Partners LLC raised its holdings in shares of Invesco Aerospace & Defense ETF by 54.0% during the second quarter. ORG Partners LLC now owns 2,913 shares of the company’s stock worth $407,000 after acquiring an additional 1,021 shares during the period. Janney Montgomery Scott LLC lifted its position in Invesco Aerospace & Defense ETF by 12.3% in the 2nd quarter. Janney Montgomery Scott LLC now owns 31,829 shares of the company’s stock valued at $4,510,000 after acquiring an additional 3,496 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in Invesco Aerospace & Defense ETF by 208.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 30,874 shares of the company’s stock valued at $3,598,000 after acquiring an additional 20,869 shares in the last quarter.

Invesco Aerospace & Defense ETF Trading Up 0.1%

PPA stock opened at $146.28 on Friday. The stock has a 50-day moving average price of $153.96 and a two-hundred day moving average price of $145.21. Invesco Aerospace & Defense ETF has a 1 year low of $100.39 and a 1 year high of $160.37. The stock has a market cap of $6.36 billion, a PE ratio of 30.91 and a beta of 0.87.

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.