Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Shares Bought by Lincoln National Corp

Lincoln National Corp raised its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 129.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,760 shares of the company’s stock after purchasing an additional 4,949 shares during the quarter. Lincoln National Corp’s holdings in Invesco Aerospace & Defense ETF were worth $807,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of PPA. Simplex Trading LLC grew its holdings in shares of Invesco Aerospace & Defense ETF by 52.7% in the third quarter. Simplex Trading LLC now owns 403 shares of the company’s stock valued at $32,000 after purchasing an additional 139 shares in the last quarter. GAMMA Investing LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF during the fourth quarter worth $39,000. Tyler Stone Wealth Management raised its stake in shares of Invesco Aerospace & Defense ETF by 18.4% in the third quarter. Tyler Stone Wealth Management now owns 779 shares of the company’s stock valued at $62,000 after acquiring an additional 121 shares in the last quarter. Ancora Advisors LLC grew its stake in Invesco Aerospace & Defense ETF by 40.1% during the 3rd quarter. Ancora Advisors LLC now owns 874 shares of the company’s stock worth $70,000 after purchasing an additional 250 shares in the last quarter. Finally, WealthShield Partners LLC purchased a new stake in Invesco Aerospace & Defense ETF during the 4th quarter worth about $79,000.

Invesco Aerospace & Defense ETF Stock Performance

PPA stock opened at $105.21 on Friday. The company’s 50 day moving average price is $100.26 and its 200 day moving average price is $93.33. The firm has a market capitalization of $3.19 billion, a price-to-earnings ratio of 32.60 and a beta of 0.74. Invesco Aerospace & Defense ETF has a fifty-two week low of $77.17 and a fifty-two week high of $105.21.

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.