McKinley Carter Wealth Services Inc. Buys 983 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

McKinley Carter Wealth Services Inc. raised its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 34.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,807 shares of the company’s stock after buying an additional 983 shares during the quarter. McKinley Carter Wealth Services Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $437,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of PPA. LPL Financial LLC raised its holdings in shares of Invesco Aerospace & Defense ETF by 1.5% in the 3rd quarter. LPL Financial LLC now owns 1,392,972 shares of the company’s stock valued at $160,150,000 after acquiring an additional 20,169 shares in the last quarter. Capital Asset Advisory Services LLC raised its stake in Invesco Aerospace & Defense ETF by 2.1% in the fourth quarter. Capital Asset Advisory Services LLC now owns 347,703 shares of the company’s stock valued at $40,226,000 after purchasing an additional 7,007 shares in the last quarter. Axxcess Wealth Management LLC lifted 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 valued at $39,919,000 after purchasing an additional 11,122 shares during the last quarter. Raymond James & Associates lifted its position in Invesco Aerospace & Defense ETF by 20.8% during the third quarter. Raymond James & Associates now owns 292,618 shares of the company’s stock valued at $33,642,000 after purchasing an additional 50,360 shares during the last quarter. Finally, International Assets Investment Management LLC grew its stake in Invesco Aerospace & Defense ETF by 10,225.1% in the 3rd quarter. International Assets Investment Management LLC now owns 278,674 shares of the company’s stock worth $32,039,000 after buying an additional 275,975 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Performance

Invesco Aerospace & Defense ETF stock opened at $118.65 on Thursday. Invesco Aerospace & Defense ETF has a fifty-two week low of $90.93 and a fifty-two week high of $124.89. The stock has a market cap of $3.70 billion, a P/E ratio of 33.87 and a beta of 0.73. The firm’s fifty day moving average price is $118.12 and its 200-day moving average price is $114.71.

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.