Crewe Advisors LLC bought a new stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 907 shares of the company’s stock, valued at approximately $92,000.
Several other hedge funds have also made changes to their positions in PPA. GAMMA Investing LLC bought a new position in Invesco Aerospace & Defense ETF during the fourth quarter worth about $39,000. Creekmur Asset Management LLC acquired a new stake in shares of Invesco Aerospace & Defense ETF during the fourth quarter worth approximately $44,000. Atlantic Edge Private Wealth Management LLC acquired a new stake in shares of Invesco Aerospace & Defense ETF during the fourth quarter worth approximately $55,000. Whittier Trust Co. increased its holdings in shares of Invesco Aerospace & Defense ETF by 385.7% during the first quarter. Whittier Trust Co. now owns 680 shares of the company’s stock worth $69,000 after buying an additional 540 shares in the last quarter. Finally, WealthShield Partners LLC acquired a new stake in shares of Invesco Aerospace & Defense ETF during the fourth quarter worth approximately $79,000.
Invesco Aerospace & Defense ETF Stock Performance
Shares of NYSEARCA PPA traded down $0.09 during mid-day trading on Friday, hitting $107.02. 20,398 shares of the stock were exchanged, compared to its average volume of 146,066. The company has a market cap of $3.33 billion, a P/E ratio of 33.87 and a beta of 0.73. The stock’s fifty day simple moving average is $104.25 and its two-hundred day simple moving average is $99.80. Invesco Aerospace & Defense ETF has a twelve month low of $77.50 and a twelve month high of $108.31.
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.
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