Private Advisor Group LLC Buys 38,226 Shares of Invesco Aerospace & Defense ETF $PPA

Private Advisor Group LLC grew its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 49.5% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 115,401 shares of the company’s stock after purchasing an additional 38,226 shares during the quarter. Private Advisor Group LLC’s holdings in Invesco Aerospace & Defense ETF were worth $19,122,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Bank of Montreal Can increased its stake in shares of Invesco Aerospace & Defense ETF by 0.4% in the fourth quarter. Bank of Montreal Can now owns 13,265 shares of the company’s stock worth $2,078,000 after buying an additional 58 shares during the period. Mercer Global Advisors Inc. ADV boosted its position in Invesco Aerospace & Defense ETF by 0.7% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 8,481 shares of the company’s stock valued at $1,328,000 after buying an additional 60 shares during the period. Sanctuary Advisors LLC boosted its position in Invesco Aerospace & Defense ETF by 0.5% during the 4th quarter. Sanctuary Advisors LLC now owns 11,237 shares of the company’s stock valued at $1,760,000 after buying an additional 61 shares during the period. Advisors Capital Management LLC grew its holdings in Invesco Aerospace & Defense ETF by 2.3% in the 4th quarter. Advisors Capital Management LLC now owns 2,731 shares of the company’s stock worth $428,000 after acquiring an additional 62 shares during the last quarter. Finally, Vontobel Holding Ltd. grew its holdings in Invesco Aerospace & Defense ETF by 3.0% in the 4th quarter. Vontobel Holding Ltd. now owns 2,134 shares of the company’s stock worth $334,000 after acquiring an additional 63 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Performance

PPA stock opened at $181.08 on Friday. The firm’s 50-day moving average price is $171.35 and its two-hundred day moving average price is $171.78. Invesco Aerospace & Defense ETF has a 12-month low of $140.01 and a 12-month high of $186.30. The stock has a market capitalization of $8.97 billion, a price-to-earnings 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.