Hazlett Burt & Watson Inc. Buys 1,332 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Hazlett Burt & Watson Inc. raised its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 12.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,967 shares of the company’s stock after acquiring an additional 1,332 shares during the period. Hazlett Burt & Watson Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $1,370,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of PPA. Runnymede Capital Advisors Inc. purchased a new position in shares of Invesco Aerospace & Defense ETF in the 4th quarter worth approximately $25,000. Glass Jacobson Investment Advisors llc boosted its stake in shares of 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 last quarter. Continuum Advisory LLC grew its stake 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 purchasing an additional 150 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its holdings in Invesco Aerospace & Defense ETF by 41.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 584 shares of the company’s stock valued at $67,000 after buying an additional 172 shares in the last quarter. Finally, Assetmark Inc. raised its holdings in Invesco Aerospace & Defense ETF by 29.9% in the 4th quarter. Assetmark Inc. now owns 608 shares of the company’s stock worth $70,000 after purchasing an additional 140 shares during the period.

Invesco Aerospace & Defense ETF Stock Down 1.9 %

PPA stock opened at $116.70 on Monday. The stock has a market capitalization of $4.57 billion, a P/E ratio of 28.07 and a beta of 0.95. The firm has a 50-day simple moving average of $117.99 and a 200-day simple moving average of $117.36. Invesco Aerospace & Defense ETF has a 52 week low of $97.64 and a 52 week high of $124.89.

Invesco Aerospace & Defense ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.0489 per share. The ex-dividend date was Monday, March 24th.

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.