Stratos Wealth Partners LTD. Acquires 1,311 Shares of Invesco Aerospace & Defense ETF $PPA

Stratos Wealth Partners LTD. increased its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 9.4% during the second quarter, Holdings Channel.com reports. The firm owned 15,259 shares of the company’s stock after buying an additional 1,311 shares during the period. Stratos Wealth Partners LTD.’s holdings in Invesco Aerospace & Defense ETF were worth $2,162,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 10.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 12,794 shares of the company’s stock valued at $1,491,000 after purchasing an additional 1,227 shares in the last quarter. Kestra Private Wealth Services LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 19.7% during the first quarter. Kestra Private Wealth Services LLC now owns 2,567 shares of the company’s stock valued at $299,000 after purchasing an additional 422 shares in the last quarter. Fifth Third Bancorp boosted its stake in shares of Invesco Aerospace & Defense ETF by 840.9% during the first quarter. Fifth Third Bancorp now owns 414 shares of the company’s stock valued at $48,000 after purchasing an additional 370 shares in the last quarter. Cerity Partners LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 63.9% during the first quarter. Cerity Partners LLC now owns 19,157 shares of the company’s stock valued at $2,233,000 after purchasing an additional 7,471 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Invesco Aerospace & Defense ETF by 2.1% during the first quarter. Envestnet Asset Management Inc. now owns 142,031 shares of the company’s stock valued at $16,554,000 after purchasing an additional 2,984 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Performance

NYSEARCA PPA opened at $152.36 on Monday. The firm’s 50 day moving average price is $150.58 and its 200-day moving average price is $138.72. Invesco Aerospace & Defense ETF has a 52-week low of $100.39 and a 52-week high of $159.96. The company has a market cap of $6.59 billion, a PE 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.