Financial Partners Group Inc Has $1.50 Million Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Financial Partners Group Inc boosted its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 28.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,562 shares of the company’s stock after buying an additional 3,245 shares during the quarter. Financial Partners Group Inc’s holdings in Invesco Aerospace & Defense ETF were worth $1,496,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Invesco Aerospace & Defense ETF in the second quarter valued at approximately $42,000. Beacon Capital Management LLC increased its stake in Invesco Aerospace & Defense ETF by 31.6% in the 1st quarter. Beacon Capital Management LLC now owns 416 shares of the company’s stock valued at $42,000 after buying an additional 100 shares during the last quarter. GAMMA Investing LLC acquired a new stake in Invesco Aerospace & Defense ETF in the 4th quarter valued at $39,000. Creekmur Asset Management LLC bought a new stake in Invesco Aerospace & Defense ETF during the 4th quarter worth about $44,000. Finally, EverSource Wealth Advisors LLC acquired a new position in shares of Invesco Aerospace & Defense ETF during the 1st quarter worth about $54,000.

Invesco Aerospace & Defense ETF Stock Up 0.1 %

Shares of NYSEARCA:PPA traded up $0.13 during midday trading on Friday, reaching $110.34. The company had a trading volume of 78,059 shares, compared to its average volume of 148,747. Invesco Aerospace & Defense ETF has a 1-year low of $77.50 and a 1-year high of $110.50. The stock has a market cap of $3.44 billion, a PE ratio of 33.87 and a beta of 0.73. The business’s 50 day moving average price is $105.11 and its 200 day moving average price is $101.82.

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.