Global Retirement Partners LLC Has $733,000 Stock Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Global Retirement Partners LLC lifted its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 59.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,392 shares of the company’s stock after buying an additional 2,374 shares during the quarter. Global Retirement Partners LLC’s holdings in Invesco Aerospace & Defense ETF were worth $733,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of PPA. International Assets Investment Management LLC lifted its stake in shares of Invesco Aerospace & Defense ETF by 10,225.1% in the third 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 during the last quarter. Janney Montgomery Scott LLC bought a new position in Invesco Aerospace & Defense ETF during the third quarter worth $9,775,000. Mirae Asset Global Investments Co. Ltd. bought a new position in Invesco Aerospace & Defense ETF during the third quarter worth $9,263,000. National Bank of Canada FI increased its position in Invesco Aerospace & Defense ETF by 26.6% during the third quarter. National Bank of Canada FI now owns 227,122 shares of the company’s stock worth $26,112,000 after acquiring an additional 47,703 shares during the period. Finally, Transcendent Capital Group LLC bought a new position in Invesco Aerospace & Defense ETF during the third quarter worth $3,434,000.

Invesco Aerospace & Defense ETF Trading Down 2.1 %

Shares of PPA stock opened at $114.09 on Friday. Invesco Aerospace & Defense ETF has a 1 year low of $95.63 and a 1 year high of $124.89. The firm’s fifty day simple moving average is $117.82 and its 200 day simple moving average is $116.20. The firm has a market capitalization of $4.58 billion, a P/E ratio of 27.41 and a beta of 0.96.

About Invesco Aerospace & Defense ETF

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.