Invesco Aerospace & Defense ETF $PPA Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers increased its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 15.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 352,527 shares of the company’s stock after buying an additional 47,060 shares during the period. Cetera Investment Advisers owned about 0.74% of Invesco Aerospace & Defense ETF worth $58,414,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. raised its position in Invesco Aerospace & Defense ETF by 2,760.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,817,263 shares of the company’s stock worth $441,268,000 after acquiring an additional 2,718,777 shares during the period. BNP Paribas Financial Markets lifted its holdings in Invesco Aerospace & Defense ETF by 533.3% during the third quarter. BNP Paribas Financial Markets now owns 190,000 shares of the company’s stock valued at $29,536,000 after purchasing an additional 160,000 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of Invesco Aerospace & Defense ETF by 43.6% in the third quarter. Ameriprise Financial Inc. now owns 400,922 shares of the company’s stock valued at $62,303,000 after purchasing an additional 121,776 shares during the period. Kestra Advisory Services LLC grew its position in shares of Invesco Aerospace & Defense ETF by 136.8% in the first quarter. Kestra Advisory Services LLC now owns 153,727 shares of the company’s stock valued at $25,473,000 after purchasing an additional 88,795 shares during the period. Finally, EFG International AG acquired a new stake in shares of Invesco Aerospace & Defense ETF in the fourth quarter valued at about $13,799,000.

Invesco Aerospace & Defense ETF Stock Up 0.6%

PPA stock opened at $175.26 on Friday. Invesco Aerospace & Defense ETF has a 52 week low of $142.07 and a 52 week high of $186.30. The firm has a 50-day simple moving average of $173.11 and a 200-day simple moving average of $173.44. The stock has a market capitalization of $8.27 billion, a P/E ratio of 30.91 and a beta of 0.73.

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. 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.