Valley Wealth Managers Inc. Has $10.66 Million Stock Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Valley Wealth Managers Inc. boosted its stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 12.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 92,872 shares of the company’s stock after purchasing an additional 10,193 shares during the period. Valley Wealth Managers Inc. owned about 0.30% of Invesco Aerospace & Defense ETF worth $10,655,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in PPA. Creative Planning lifted its stake in Invesco Aerospace & Defense ETF by 305.2% in the 3rd quarter. Creative Planning now owns 15,606 shares of the company’s stock valued at $1,794,000 after purchasing an additional 11,755 shares during the last quarter. Raymond James & Associates lifted its stake in Invesco Aerospace & Defense ETF by 20.8% in the 3rd 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. Eastern Bank bought a new position in Invesco Aerospace & Defense ETF in the 3rd quarter valued at approximately $46,000. WT Wealth Management lifted its stake in Invesco Aerospace & Defense ETF by 1.1% in the 3rd quarter. WT Wealth Management now owns 35,829 shares of the company’s stock valued at $4,274,000 after purchasing an additional 403 shares during the last quarter. Finally, Private Advisor Group LLC lifted its stake in Invesco Aerospace & Defense ETF by 25.6% in the 3rd quarter. Private Advisor Group LLC now owns 67,007 shares of the company’s stock valued at $7,704,000 after purchasing an additional 13,640 shares during the last quarter.

Invesco Aerospace & Defense ETF Price Performance

Shares of NYSEARCA:PPA opened at $116.98 on Tuesday. The company has a market cap of $3.64 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. The firm has a 50 day simple moving average of $117.92 and a 200 day simple moving average of $115.93. Invesco Aerospace & Defense ETF has a one year low of $94.91 and a one year high of $124.89.

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.