Oppenheimer & Co. Inc. increased its holdings in PowerShares Aerospace & Defense (NYSE:PPA) by 38.8% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 12,663 shares of the company’s stock after buying an additional 3,542 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in PowerShares Aerospace & Defense were worth $581,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Benchmark Capital Advisors bought a new stake in PowerShares Aerospace & Defense in the 2nd quarter worth about $202,000. Capital Investment Advisory Services LLC bought a new stake in PowerShares Aerospace & Defense in the 2nd quarter worth about $204,000. Karp Capital Management Corp increased its holdings in PowerShares Aerospace & Defense by 25.5% in the 2nd quarter. Karp Capital Management Corp now owns 10,450 shares of the company’s stock worth $480,000 after buying an additional 2,125 shares in the last quarter. Capital Advisors Ltd. LLC increased its holdings in PowerShares Aerospace & Defense by 1.8% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 12,139 shares of the company’s stock worth $557,000 after buying an additional 217 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in PowerShares Aerospace & Defense by 39.2% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 17,148 shares of the company’s stock worth $787,000 after buying an additional 4,831 shares in the last quarter.

Shares of PowerShares Aerospace & Defense (PPA) opened at 49.22 on Thursday. The company has a 50-day moving average price of $48.62 and a 200 day moving average price of $46.03. PowerShares Aerospace & Defense has a 12-month low of $37.28 and a 12-month high of $50.25.

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PowerShares Aerospace & Defense 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.

Institutional Ownership by Quarter for PowerShares Aerospace & Defense (NYSE:PPA)

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