Stratos Investment Management LLC lifted its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) by 39.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,919 shares of the company’s stock after acquiring an additional 5,056 shares during the period. Stratos Investment Management LLC’s holdings in Invesco Aerospace & Defense ETF were worth $2,539,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. Milestone Investment Advisors LLC purchased a new position in shares of Invesco Aerospace & Defense ETF during the 1st quarter worth about $25,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in Invesco Aerospace & Defense ETF during the 1st quarter worth approximately $27,000. Banque Transatlantique SA acquired a new stake in Invesco Aerospace & Defense ETF during the 1st quarter worth approximately $32,000. Fifth Third Bancorp increased its position in Invesco Aerospace & Defense ETF by 840.9% during the 1st quarter. Fifth Third Bancorp now owns 414 shares of the company’s stock worth $48,000 after purchasing an additional 370 shares in the last quarter. Finally, Simplex Trading LLC acquired a new stake in Invesco Aerospace & Defense ETF during the 1st quarter worth approximately $56,000.
Invesco Aerospace & Defense ETF Stock Down 0.7%
PPA opened at $152.87 on Friday. Invesco Aerospace & Defense ETF has a 52-week low of $100.39 and a 52-week high of $159.96. The company has a 50 day moving average of $150.47 and a two-hundred day moving average of $138.16. The company has a market cap of $6.61 billion, a P/E ratio of 30.91 and a beta of 0.98.
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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