Steward Partners Investment Advisory LLC bought a new stake in PowerShares Aerospace & Defense (NYSEARCA:PPA) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,424 shares of the company’s stock, valued at approximately $226,000.

A number of other institutional investors have also recently bought and sold shares of the business. Wells Fargo & Company MN boosted its stake in shares of PowerShares Aerospace & Defense by 41.9% during the third quarter. Wells Fargo & Company MN now owns 347,003 shares of the company’s stock valued at $17,797,000 after acquiring an additional 102,452 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in shares of PowerShares Aerospace & Defense by 65.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 89,234 shares of the company’s stock valued at $4,097,000 after acquiring an additional 35,260 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of PowerShares Aerospace & Defense by 11,375.7% during the second quarter. The Manufacturers Life Insurance Company now owns 34,427 shares of the company’s stock valued at $1,581,000 after acquiring an additional 34,127 shares during the last quarter. Beck Capital Management LLC boosted its stake in shares of PowerShares Aerospace & Defense by 151.6% during the third quarter. Beck Capital Management LLC now owns 56,401 shares of the company’s stock valued at $2,893,000 after acquiring an additional 33,980 shares during the last quarter. Finally, MML Investors Services LLC acquired a new stake in shares of PowerShares Aerospace & Defense during the second quarter valued at $1,386,000.

Shares of PowerShares Aerospace & Defense (NYSEARCA PPA) opened at $53.92 on Wednesday. PowerShares Aerospace & Defense has a 52 week low of $41.51 and a 52 week high of $54.42.

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PowerShares Aerospace & Defense 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.

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

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