Bluedoor Private Wealth LLC acquired a new position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,535 shares of the company’s stock, valued at approximately $710,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Modern Wealth Management LLC acquired a new stake in Invesco Aerospace & Defense ETF during the third quarter worth about $13,976,000. Ashton Thomas Securities LLC acquired a new stake in Invesco Aerospace & Defense ETF during the fourth quarter worth about $1,919,000. Western Wealth Management LLC increased its position in Invesco Aerospace & Defense ETF by 59.7% during the fourth quarter. Western Wealth Management LLC now owns 13,152 shares of the company’s stock worth $2,060,000 after purchasing an additional 4,917 shares during the last quarter. Bank of America Corp DE increased its position in Invesco Aerospace & Defense ETF by 2.3% during the third quarter. Bank of America Corp DE now owns 7,668,214 shares of the company’s stock worth $1,192,024,000 after purchasing an additional 173,290 shares during the last quarter. Finally, BIP Wealth LLC acquired a new stake in Invesco Aerospace & Defense ETF during the fourth quarter worth about $1,039,000.
Invesco Aerospace & Defense ETF Trading Up 1.0%
Invesco Aerospace & Defense ETF stock opened at $175.81 on Tuesday. The stock has a market cap of $8.41 billion, a P/E ratio of 30.91 and a beta of 0.73. The company has a 50-day moving average price of $171.05 and a 200 day moving average price of $169.55. Invesco Aerospace & Defense ETF has a 12-month low of $133.95 and a 12-month 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.
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