Private Advisor Group LLC Has $14.65 Million Stock Holdings in Invesco Aerospace & Defense ETF $PPA

Private Advisor Group LLC lifted its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 7.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 94,249 shares of the company’s stock after purchasing an additional 6,268 shares during the quarter. Private Advisor Group LLC owned 0.22% of Invesco Aerospace & Defense ETF worth $14,651,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. BOK Financial Private Wealth Inc. boosted its position in Invesco Aerospace & Defense ETF by 84.2% in the third quarter. BOK Financial Private Wealth Inc. now owns 175 shares of the company’s stock valued at $27,000 after buying an additional 80 shares in the last quarter. Evolution Wealth Management Inc. bought a new stake in Invesco Aerospace & Defense ETF during the second quarter worth about $26,000. Binnacle Investments Inc increased its holdings in shares of Invesco Aerospace & Defense ETF by 84.2% during the second quarter. Binnacle Investments Inc now owns 210 shares of the company’s stock worth $30,000 after buying an additional 96 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new stake in shares of Invesco Aerospace & Defense ETF during the second quarter worth approximately $43,000. Finally, Avalon Trust Co bought a new position in shares of Invesco Aerospace & Defense ETF in the third quarter valued at approximately $47,000.

Invesco Aerospace & Defense ETF Trading Down 1.3%

NYSEARCA:PPA opened at $178.70 on Wednesday. The stock has a market capitalization of $8.00 billion, a P/E 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 $186.30. The firm has a 50 day moving average of $175.52 and a 200-day moving average of $160.84.

Invesco Aerospace & Defense ETF Company 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.