Bay Colony Advisory Group Inc d b a Bay Colony Advisors Buys Shares of 2,241 Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,241 shares of the company’s stock, valued at approximately $257,000.

A number of other hedge funds have also made changes to their positions in PPA. Farther Finance Advisors LLC purchased a new position in shares of Invesco Aerospace & Defense ETF in the third quarter valued at $150,000. Concurrent Investment Advisors LLC purchased a new position in shares of Invesco Aerospace & Defense ETF in the third quarter valued at $241,000. Assetmark Inc. purchased a new position in shares of Invesco Aerospace & Defense ETF in the third quarter valued at $54,000. Atria Investments Inc increased its position in shares of Invesco Aerospace & Defense ETF by 10.4% in the third quarter. Atria Investments Inc now owns 2,928 shares of the company’s stock valued at $337,000 after buying an additional 276 shares in the last quarter. Finally, Carr Financial Group Corp increased its position in shares of Invesco Aerospace & Defense ETF by 1.1% in the third quarter. Carr Financial Group Corp now owns 9,650 shares of the company’s stock valued at $1,109,000 after buying an additional 102 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Up 1.2 %

Shares of PPA stock opened at $115.78 on Friday. Invesco Aerospace & Defense ETF has a fifty-two week low of $97.53 and a fifty-two week high of $124.89. The stock has a market cap of $4.65 billion, a P/E ratio of 27.41 and a beta of 0.96. The business has a fifty day simple moving average of $117.56 and a 200-day simple moving average of $116.66.

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.