Private Advisor Group LLC Increases Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Private Advisor Group LLC lifted its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 20.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 80,991 shares of the company’s stock after buying an additional 13,984 shares during the quarter. Private Advisor Group LLC owned approximately 0.26% of Invesco Aerospace & Defense ETF worth $9,292,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Howe & Rusling Inc. bought a new stake in Invesco Aerospace & Defense ETF during the third quarter valued at about $27,000. Glass Jacobson Investment Advisors llc grew its position in shares of Invesco Aerospace & Defense ETF by 50.5% during the third quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock worth $35,000 after purchasing an additional 102 shares in the last quarter. Eastern Bank bought a new stake in Invesco Aerospace & Defense ETF during the 3rd quarter valued at approximately $46,000. Assetmark Inc. purchased a new position in Invesco Aerospace & Defense ETF in the 3rd quarter worth approximately $54,000. Finally, Continuum Advisory LLC boosted its stake in Invesco Aerospace & Defense ETF by 47.6% in the 3rd quarter. Continuum Advisory LLC now owns 465 shares of the company’s stock worth $55,000 after purchasing an additional 150 shares during the period.

Invesco Aerospace & Defense ETF Price Performance

Invesco Aerospace & Defense ETF stock opened at $116.59 on Friday. Invesco Aerospace & Defense ETF has a 1 year low of $94.91 and a 1 year high of $124.89. The firm’s 50 day moving average price is $117.89 and its 200-day moving average price is $116.04. The stock has a market cap of $4.68 billion, a P/E ratio of 27.41 and a beta of 0.96.

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.