Kingswood Wealth Advisors LLC Makes New Investment in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Kingswood Wealth Advisors LLC acquired a new stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 4,119 shares of the company’s stock, valued at approximately $423,000.

Other large investors also recently modified their holdings of the company. &PARTNERS bought a new stake in Invesco Aerospace & Defense ETF in the first quarter valued at $820,000. Brookstone Capital Management lifted its holdings in Invesco Aerospace & Defense ETF by 22.9% during the 1st quarter. Brookstone Capital Management now owns 10,075 shares of the company’s stock valued at $1,023,000 after purchasing an additional 1,879 shares during the last quarter. Prime Capital Investment Advisors LLC boosted its position in Invesco Aerospace & Defense ETF by 5.9% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 4,669 shares of the company’s stock valued at $430,000 after buying an additional 262 shares in the last quarter. Summit Trail Advisors LLC boosted its position in Invesco Aerospace & Defense ETF by 4.8% in the fourth quarter. Summit Trail Advisors LLC now owns 623,691 shares of the company’s stock valued at $57,479,000 after buying an additional 28,557 shares in the last quarter. Finally, Stegent Equity Advisors Inc. grew its stake in Invesco Aerospace & Defense ETF by 27.3% during the fourth quarter. Stegent Equity Advisors Inc. now owns 12,874 shares of the company’s stock worth $1,186,000 after buying an additional 2,759 shares during the last quarter.

Invesco Aerospace & Defense ETF Price Performance

Shares of NYSEARCA:PPA traded up $0.35 during trading on Wednesday, reaching $104.48. The stock had a trading volume of 145,087 shares, compared to its average volume of 147,249. The stock has a market capitalization of $3.25 billion, a PE ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 52 week low of $77.50 and a 52 week high of $110.26. The business’s 50-day moving average price is $104.49 and its 200 day moving average price is $100.86.

About Invesco Aerospace & Defense ETF

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.