Howe & Rusling Inc. Acquires Shares of 237 Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Howe & Rusling Inc. acquired a new stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 237 shares of the company’s stock, valued at approximately $27,000.

Several other institutional investors have also modified their holdings of PPA. LPL Financial LLC grew its holdings in shares of Invesco Aerospace & Defense ETF by 15.6% during the second quarter. LPL Financial LLC now owns 1,372,803 shares of the company’s stock worth $141,014,000 after purchasing an additional 184,961 shares during the last quarter. Miracle Mile Advisors LLC grew its stake in Invesco Aerospace & Defense ETF by 2.8% during the 2nd quarter. Miracle Mile Advisors LLC now owns 581,554 shares of the company’s stock worth $59,737,000 after buying an additional 15,567 shares during the last quarter. Axxcess Wealth Management LLC increased its position in Invesco Aerospace & Defense ETF by 3.3% during the third quarter. Axxcess Wealth Management LLC now owns 347,210 shares of the company’s stock worth $39,919,000 after buying an additional 11,122 shares during the period. Raymond James & Associates lifted its stake in Invesco Aerospace & Defense ETF by 20.8% in the third quarter. Raymond James & Associates now owns 292,618 shares of the company’s stock valued at $33,642,000 after buying an additional 50,360 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its holdings in shares of Invesco Aerospace & Defense ETF by 10,225.1% in the third quarter. International Assets Investment Management LLC now owns 278,674 shares of the company’s stock valued at $32,039,000 after acquiring an additional 275,975 shares during the period.

Invesco Aerospace & Defense ETF Price Performance

Shares of Invesco Aerospace & Defense ETF stock opened at $119.65 on Friday. The firm’s fifty day simple moving average is $116.59 and its 200-day simple moving average is $109.76. Invesco Aerospace & Defense ETF has a 12 month low of $86.53 and a 12 month high of $124.89. The stock has a market capitalization of $3.73 billion, a price-to-earnings ratio of 33.87 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.