GFS Advisors LLC Takes $1.62 Million Position in Invesco Aerospace & Defense ETF $PPA

GFS Advisors LLC bought a new stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,354 shares of the company’s stock, valued at approximately $1,622,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of PPA. BOK Financial Private Wealth Inc. grew its position in shares of Invesco Aerospace & Defense ETF by 84.2% during the 3rd quarter. BOK Financial Private Wealth Inc. now owns 175 shares of the company’s stock valued at $27,000 after acquiring an additional 80 shares during the period. eCIO Inc. bought a new position in shares of Invesco Aerospace & Defense ETF during the 4th quarter valued at approximately $28,000. Binnacle Investments Inc grew its position in shares of Invesco Aerospace & Defense ETF by 84.2% during the 2nd quarter. Binnacle Investments Inc now owns 210 shares of the company’s stock valued at $30,000 after acquiring an additional 96 shares during the period. EPG Wealth Management LLC bought a new position in shares of Invesco Aerospace & Defense ETF during the 4th quarter valued at approximately $31,000. Finally, Y.D. More Investments Ltd grew its position in shares of Invesco Aerospace & Defense ETF by 720.0% during the 4th quarter. Y.D. More Investments Ltd now owns 205 shares of the company’s stock valued at $32,000 after acquiring an additional 180 shares during the period.

Invesco Aerospace & Defense ETF Stock Up 1.2%

Invesco Aerospace & Defense ETF stock opened at $171.75 on Wednesday. Invesco Aerospace & Defense ETF has a twelve month low of $132.54 and a twelve month high of $186.30. The firm has a 50 day moving average price of $170.47 and a 200-day moving average price of $168.81. The company has a market capitalization of $8.21 billion, a P/E ratio of 30.91 and a beta of 0.73.

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. The modified market-cap portfolio is rebalanced quarterly and reconstituted annually. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.