Ascent Group LLC Buys New Position in Invesco Aerospace & Defense ETF $PPA

Ascent Group LLC bought a new stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,635 shares of the company’s stock, valued at approximately $232,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of PPA. Focus Financial Network Inc. raised its position in Invesco Aerospace & Defense ETF by 17.8% in the 1st quarter. Focus Financial Network Inc. now owns 15,385 shares of the company’s stock valued at $1,793,000 after buying an additional 2,324 shares during the last quarter. Capital Advisors Ltd. LLC raised its position in Invesco Aerospace & Defense ETF by 11.6% in the 1st quarter. Capital Advisors Ltd. LLC now owns 22,865 shares of the company’s stock valued at $2,665,000 after buying an additional 2,383 shares during the last quarter. Fifth Third Bancorp raised its position in Invesco Aerospace & Defense ETF by 840.9% in the 1st quarter. Fifth Third Bancorp now owns 414 shares of the company’s stock valued at $48,000 after buying an additional 370 shares during the last quarter. GPS Wealth Strategies Group LLC raised its position in Invesco Aerospace & Defense ETF by 16.9% in the 1st quarter. GPS Wealth Strategies Group LLC now owns 4,265 shares of the company’s stock valued at $497,000 after buying an additional 616 shares during the last quarter. Finally, Patriot Investment Management Group Inc. acquired a new stake in Invesco Aerospace & Defense ETF in the 1st quarter valued at approximately $202,000.

Invesco Aerospace & Defense ETF Stock Performance

Shares of Invesco Aerospace & Defense ETF stock opened at $159.55 on Thursday. The business’s 50 day simple moving average is $149.51 and its 200 day simple moving average is $136.68. Invesco Aerospace & Defense ETF has a 52-week low of $100.39 and a 52-week high of $159.73. The firm has a market cap of $6.84 billion, a PE ratio of 30.91 and a beta of 0.98.

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.