National Wealth Management Group LLC Buys 116 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

National Wealth Management Group LLC lifted its stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 2.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,393 shares of the company’s stock after purchasing an additional 116 shares during the period. National Wealth Management Group LLC’s holdings in Invesco Aerospace & Defense ETF were worth $620,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in PPA. ARQ Wealth Advisors LLC lifted its holdings in Invesco Aerospace & Defense ETF by 19.6% during the first quarter. ARQ Wealth Advisors LLC now owns 3,314 shares of the company’s stock worth $337,000 after acquiring an additional 543 shares in the last quarter. Cetera Investment Advisers lifted its holdings in Invesco Aerospace & Defense ETF by 1,146.0% during the first quarter. Cetera Investment Advisers now owns 225,518 shares of the company’s stock worth $22,906,000 after acquiring an additional 207,419 shares in the last quarter. Cetera Advisors LLC lifted its holdings in Invesco Aerospace & Defense ETF by 250.9% during the first quarter. Cetera Advisors LLC now owns 93,575 shares of the company’s stock worth $9,504,000 after acquiring an additional 66,907 shares in the last quarter. EverSource Wealth Advisors LLC bought a new position in Invesco Aerospace & Defense ETF during the first quarter worth about $54,000. Finally, Bright Futures Wealth Management LLC. bought a new position in Invesco Aerospace & Defense ETF during the first quarter worth about $875,000.

Invesco Aerospace & Defense ETF Trading Down 0.4 %

PPA stock opened at $120.37 on Thursday. The business’s 50-day moving average price is $117.46 and its two-hundred day moving average price is $110.32. The firm has a market cap of $3.75 billion, a PE ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 1-year low of $86.53 and a 1-year high of $124.89.

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.