Wilmington Savings Fund Society FSB Takes Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Wilmington Savings Fund Society FSB purchased a new position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 1,150 shares of the company’s stock, valued at approximately $132,000.

Other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC grew its position in shares of Invesco Aerospace & Defense ETF by 1.5% during the 3rd quarter. LPL Financial LLC now owns 1,392,972 shares of the company’s stock worth $160,150,000 after purchasing an additional 20,169 shares in the last quarter. Axxcess Wealth Management LLC grew 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 worth $39,919,000 after buying an additional 11,122 shares in the last quarter. Raymond James & Associates increased its stake in Invesco Aerospace & Defense ETF by 20.8% during the 3rd quarter. Raymond James & Associates now owns 292,618 shares of the company’s stock worth $33,642,000 after acquiring an additional 50,360 shares during the period. International Assets Investment Management LLC raised its holdings 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 valued at $32,039,000 after acquiring an additional 275,975 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of Invesco Aerospace & Defense ETF by 8.2% during the 2nd quarter. Cetera Investment Advisers now owns 244,062 shares of the company’s stock valued at $25,070,000 after acquiring an additional 18,544 shares during the period.

Invesco Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA PPA opened at $114.60 on Friday. The stock has a market capitalization of $3.57 billion, a P/E ratio of 33.87 and a beta of 0.73. The stock’s fifty day moving average is $118.61 and its 200 day moving average is $111.83. Invesco Aerospace & Defense ETF has a 52 week low of $88.87 and a 52 week 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.