Lincoln National Corp Acquires 4,949 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Lincoln National Corp lifted its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 129.9% during the fourth quarter, HoldingsChannel reports. The firm owned 8,760 shares of the company’s stock after purchasing an additional 4,949 shares during the quarter. Lincoln National Corp’s holdings in Invesco Aerospace & Defense ETF were worth $807,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Simplex Trading LLC increased its holdings in Invesco Aerospace & Defense ETF by 52.7% during the third quarter. Simplex Trading LLC now owns 403 shares of the company’s stock worth $32,000 after buying an additional 139 shares during the last quarter. GAMMA Investing LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF during the 4th quarter worth approximately $39,000. Tyler Stone Wealth Management raised its holdings in shares of Invesco Aerospace & Defense ETF by 18.4% in the 3rd quarter. Tyler Stone Wealth Management now owns 779 shares of the company’s stock worth $62,000 after purchasing an additional 121 shares during the period. Ancora Advisors LLC lifted its stake in Invesco Aerospace & Defense ETF by 40.1% in the third quarter. Ancora Advisors LLC now owns 874 shares of the company’s stock valued at $70,000 after purchasing an additional 250 shares during the last quarter. Finally, WealthShield Partners LLC bought a new position in Invesco Aerospace & Defense ETF during the fourth quarter valued at $79,000.

Invesco Aerospace & Defense ETF Price Performance

NYSEARCA:PPA opened at $105.21 on Friday. The company has a market capitalization of $3.19 billion, a P/E ratio of 32.60 and a beta of 0.74. The business has a fifty day simple moving average of $100.26 and a two-hundred day simple moving average of $93.33. Invesco Aerospace & Defense ETF has a 1 year low of $77.17 and a 1 year high of $105.21.

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.