Jones Financial Companies Lllp Has $21.58 Million Stock Holdings in Invesco Aerospace & Defense ETF $PPA

Jones Financial Companies Lllp raised its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 30.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 141,427 shares of the company’s stock after buying an additional 32,843 shares during the period. Jones Financial Companies Lllp owned about 0.33% of Invesco Aerospace & Defense ETF worth $21,575,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of PPA. Axxcess Wealth Management LLC increased its stake in shares of Invesco Aerospace & Defense ETF by 3.4% in the second quarter. Axxcess Wealth Management LLC now owns 358,675 shares of the company’s stock worth $50,821,000 after acquiring an additional 11,909 shares during the last quarter. Meitav Investment House Ltd. increased its position in Invesco Aerospace & Defense ETF by 2.1% in the 2nd quarter. Meitav Investment House Ltd. now owns 275,480 shares of the company’s stock worth $39,033,000 after purchasing an additional 5,634 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Invesco Aerospace & Defense ETF by 66.6% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 246,697 shares of the company’s stock worth $38,349,000 after purchasing an additional 98,597 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in shares of Invesco Aerospace & Defense ETF by 12.1% during the 2nd quarter. Osaic Holdings Inc. now owns 206,410 shares of the company’s stock valued at $29,257,000 after buying an additional 22,282 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of Invesco Aerospace & Defense ETF by 19.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 185,002 shares of the company’s stock valued at $28,758,000 after buying an additional 30,441 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Performance

NYSEARCA:PPA opened at $176.26 on Wednesday. The company has a market capitalization of $7.87 billion, a P/E ratio of 30.91 and a beta of 0.87. The stock’s 50 day moving average price is $163.31 and its 200 day moving average price is $155.23. Invesco Aerospace & Defense ETF has a 52 week low of $100.39 and a 52 week high of $181.31.

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.