Signal Advisors Wealth LLC Invests $873,000 in Invesco Aerospace & Defense ETF $PPA

Signal Advisors Wealth LLC purchased a new position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,613 shares of the company’s stock, valued at approximately $873,000.

Several other large investors have also bought and sold shares of PPA. Simplex Trading LLC acquired a new stake in Invesco Aerospace & Defense ETF during the 1st quarter worth $56,000. Flow Traders U.S. LLC bought a new position in shares of Invesco Aerospace & Defense ETF in the 1st quarter worth $608,000. Summit Financial LLC boosted its position in shares of Invesco Aerospace & Defense ETF by 415.7% in the 1st quarter. Summit Financial LLC now owns 9,469 shares of the company’s stock worth $1,104,000 after purchasing an additional 7,633 shares during the last quarter. Compound Planning Inc. grew its stake in shares of Invesco Aerospace & Defense ETF by 17.2% during the first quarter. Compound Planning Inc. now owns 11,140 shares of the company’s stock worth $1,298,000 after purchasing an additional 1,637 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Invesco Aerospace & Defense ETF by 12.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 53,495 shares of the company’s stock valued at $6,235,000 after purchasing an additional 5,731 shares during the last quarter.

Invesco Aerospace & Defense ETF Trading Up 2.3%

NYSEARCA:PPA opened at $156.24 on Friday. Invesco Aerospace & Defense ETF has a 1-year low of $100.39 and a 1-year high of $160.37. The business’s 50-day moving average price is $153.07 and its two-hundred day moving average price is $148.31. The firm has a market capitalization of $6.79 billion, a price-to-earnings ratio of 30.91 and a beta of 0.87.

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. The modified market-cap portfolio is rebalanced quarterly and reconstituted annually. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.