Elevation Wealth Partners LLC Boosts Stock Position in Invesco Aerospace & Defense ETF $PPA

Elevation Wealth Partners LLC boosted its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 33.2% in the second quarter, Holdings Channel.com reports. The fund owned 1,132 shares of the company’s stock after acquiring an additional 282 shares during the quarter. Elevation Wealth Partners LLC’s holdings in Invesco Aerospace & Defense ETF were worth $160,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of PPA. Jane Street Group LLC bought a new stake in Invesco Aerospace & Defense ETF during the 4th quarter valued at $1,129,000. Royal Bank of Canada raised its position in Invesco Aerospace & Defense ETF by 3.4% during the 4th quarter. Royal Bank of Canada now owns 161,517 shares of the company’s stock valued at $18,531,000 after purchasing an additional 5,239 shares in the last quarter. Snowden Capital Advisors LLC raised its position in Invesco Aerospace & Defense ETF by 16.1% during the 4th quarter. Snowden Capital Advisors LLC now owns 9,208 shares of the company’s stock valued at $1,056,000 after purchasing an additional 1,275 shares in the last quarter. Continuum Advisory LLC raised its position in Invesco Aerospace & Defense ETF by 20.0% during the 4th quarter. Continuum Advisory LLC now owns 558 shares of the company’s stock valued at $64,000 after purchasing an additional 93 shares in the last quarter. Finally, First Heartland Consultants Inc. raised its position in Invesco Aerospace & Defense ETF by 7.2% during the 4th quarter. First Heartland Consultants Inc. now owns 7,438 shares of the company’s stock valued at $853,000 after purchasing an additional 501 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Down 0.3%

Shares of NYSEARCA PPA opened at $149.22 on Monday. The business has a fifty day simple moving average of $146.44 and a two-hundred day simple moving average of $132.23. The firm has a market cap of $6.16 billion, a PE ratio of 30.91 and a beta of 0.98. Invesco Aerospace & Defense ETF has a twelve month low of $100.39 and a twelve month high of $150.67.

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.