Janney Montgomery Scott LLC Increases Stake in Invesco Aerospace & Defense ETF $PPA

Janney Montgomery Scott LLC grew its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 14.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 111,812 shares of the company’s stock after purchasing an additional 13,931 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.23% of Invesco Aerospace & Defense ETF worth $18,527,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Goldman Sachs Group Inc. lifted its stake in shares of Invesco Aerospace & Defense ETF by 208.6% in the first quarter. Goldman Sachs Group Inc. now owns 30,874 shares of the company’s stock worth $3,598,000 after buying an additional 20,869 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Invesco Aerospace & Defense ETF by 14.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 38,989 shares of the company’s stock valued at $5,524,000 after acquiring an additional 4,915 shares in the last quarter. Walleye Capital LLC acquired a new stake in Invesco Aerospace & Defense ETF in the 2nd quarter valued at about $318,000. Cerity Partners LLC lifted its stake in Invesco Aerospace & Defense ETF by 24.6% in the 2nd quarter. Cerity Partners LLC now owns 23,863 shares of the company’s stock worth $3,384,000 after purchasing an additional 4,706 shares in the last quarter. Finally, Qube Research & Technologies Ltd boosted its holdings in shares of Invesco Aerospace & Defense ETF by 19.9% during the 2nd quarter. Qube Research & Technologies Ltd now owns 19,844 shares of the company’s stock worth $2,812,000 after purchasing an additional 3,294 shares during the last quarter.

Invesco Aerospace & Defense ETF Price Performance

PPA stock opened at $176.65 on Wednesday. The business has a 50 day simple moving average of $170.90 and a 200-day simple moving average of $171.36. The firm has a market capitalization of $8.45 billion, a PE ratio of 30.91 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 1 year low of $138.83 and a 1 year high of $186.30.

Invesco Aerospace & Defense ETF Company 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.