Golden State Wealth Management LLC Has $3.49 Million Stock Holdings in Invesco Aerospace & Defense ETF $PPA

Golden State Wealth Management LLC increased its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 5.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,626 shares of the company’s stock after buying an additional 1,218 shares during the quarter. Golden State Wealth Management LLC owned 0.06% of Invesco Aerospace & Defense ETF worth $3,489,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Atlantic Union Bankshares Corp acquired a new stake in Invesco Aerospace & Defense ETF during the second quarter worth about $43,000. GPS Wealth Strategies Group LLC boosted its holdings in Invesco Aerospace & Defense ETF by 8.1% during the second quarter. GPS Wealth Strategies Group LLC now owns 4,609 shares of the company’s stock valued at $653,000 after purchasing an additional 344 shares in the last quarter. Bank of Montreal Can boosted its holdings in Invesco Aerospace & Defense ETF by 11.4% during the second quarter. Bank of Montreal Can now owns 10,720 shares of the company’s stock valued at $1,519,000 after purchasing an additional 1,101 shares in the last quarter. Sigma Planning Corp boosted its holdings in Invesco Aerospace & Defense ETF by 1.7% during the second quarter. Sigma Planning Corp now owns 15,080 shares of the company’s stock valued at $2,137,000 after purchasing an additional 247 shares in the last quarter. Finally, Wakefield Asset Management LLLP acquired a new stake in Invesco Aerospace & Defense ETF during the second quarter valued at approximately $951,000.

Invesco Aerospace & Defense ETF Trading Down 0.9%

NYSEARCA PPA opened at $153.99 on Thursday. The stock’s 50 day moving average is $153.26 and its two-hundred day moving average is $142.77. The company has a market capitalization of $6.69 billion, a price-to-earnings ratio of 30.91 and a beta of 0.87. Invesco Aerospace & Defense ETF has a 1-year low of $100.39 and a 1-year high of $160.37.

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.