Susquehanna International Group LLP Acquires 22,526 Shares of Invesco Aerospace & Defense ETF $PPA

Susquehanna International Group LLP lifted its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 398.4% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 28,180 shares of the company’s stock after purchasing an additional 22,526 shares during the quarter. Susquehanna International Group LLP’s holdings in Invesco Aerospace & Defense ETF were worth $4,978,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Binnacle Investments Inc lifted its stake in shares of Invesco Aerospace & Defense ETF by 84.2% in the second quarter. Binnacle Investments Inc now owns 210 shares of the company’s stock worth $30,000 after acquiring an additional 96 shares during the period. Bayban acquired a new position in shares of Invesco Aerospace & Defense ETF during the fourth quarter valued at about $38,000. Wealth Watch Advisors INC acquired a new stake in shares of Invesco Aerospace & Defense ETF in the 3rd quarter valued at about $49,000. Ankerstar Wealth LLC bought a new stake in Invesco Aerospace & Defense ETF during the 4th quarter valued at $52,000. Finally, Blueline Advisors LLC bought a new stake in Invesco Aerospace & Defense ETF during the 4th quarter worth approximately $57,000.

Invesco Aerospace & Defense ETF Stock Performance

Shares of PPA stock opened at $170.01 on Monday. Invesco Aerospace & Defense ETF has a 52-week low of $144.29 and a 52-week high of $186.30. The company has a market capitalization of $8.05 billion, a price-to-earnings ratio of 30.91 and a beta of 0.74. The company has a 50-day simple moving average of $175.93 and a two-hundred day simple moving average of $174.07.

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.