Invesco Aerospace & Defense ETF $PPA Shares Bought by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC boosted its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 751.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,774 shares of the company’s stock after buying an additional 6,861 shares during the period. EverSource Wealth Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $1,288,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of PPA. Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco Aerospace & Defense ETF by 2,760.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,817,263 shares of the company’s stock valued at $441,268,000 after buying an additional 2,718,777 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of Invesco Aerospace & Defense ETF by 533.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 190,000 shares of the company’s stock worth $29,536,000 after purchasing an additional 160,000 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Invesco Aerospace & Defense ETF by 43.6% in the 3rd 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 in the last quarter. Kestra Advisory Services LLC grew its holdings in shares of Invesco Aerospace & Defense ETF by 136.8% during the 1st quarter. Kestra Advisory Services LLC now owns 153,727 shares of the company’s stock worth $25,473,000 after purchasing an additional 88,795 shares during the period. Finally, EFG International AG purchased a new position in Invesco Aerospace & Defense ETF in the fourth quarter valued at approximately $13,799,000.

Invesco Aerospace & Defense ETF Stock Up 1.0%

PPA opened at $172.63 on Friday. Invesco Aerospace & Defense ETF has a 52-week low of $142.07 and a 52-week high of $186.30. The company has a 50 day moving average of $173.73 and a two-hundred day moving average of $173.68. The company has a market cap of $8.16 billion, a P/E ratio of 30.91 and a beta of 0.73.

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.