MONECO Advisors LLC Acquires 2,143 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

MONECO Advisors LLC lifted its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 28.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,704 shares of the company’s stock after acquiring an additional 2,143 shares during the quarter. MONECO Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $1,113,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Howe & Rusling Inc. purchased a new stake in shares of Invesco Aerospace & Defense ETF in the 3rd quarter worth about $27,000. Glass Jacobson Investment Advisors llc lifted its holdings in Invesco Aerospace & Defense ETF by 50.5% in the third quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock worth $35,000 after buying an additional 102 shares during the period. Eastern Bank purchased a new stake in Invesco Aerospace & Defense ETF in the third quarter worth about $46,000. Assetmark Inc. bought a new stake in Invesco Aerospace & Defense ETF during the 3rd quarter valued at approximately $54,000. Finally, Continuum Advisory LLC grew its holdings in shares of Invesco Aerospace & Defense ETF by 47.6% during the 3rd quarter. Continuum Advisory LLC now owns 465 shares of the company’s stock worth $55,000 after acquiring an additional 150 shares during the period.

Invesco Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA:PPA opened at $114.09 on Monday. The firm has a market capitalization of $4.58 billion, a P/E ratio of 27.41 and a beta of 0.96. The stock has a 50 day moving average price of $117.82 and a 200-day moving average price of $116.28. Invesco Aerospace & Defense ETF has a 52-week low of $95.63 and a 52-week high of $124.89.

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.