49,831 Shares of Invesco Aerospace & Defense ETF $PPA Bought by Madrid Financial Services

Madrid Financial Services purchased a new stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 49,831 shares of the company’s stock, valued at approximately $7,705,000. Invesco Aerospace & Defense ETF makes up about 4.5% of Madrid Financial Services’ portfolio, making the stock its 14th largest holding.

Other large investors have also recently modified their holdings of the company. Capital Analysts LLC grew its holdings in shares of Invesco Aerospace & Defense ETF by 4.1% during the second quarter. Capital Analysts LLC now owns 1,559 shares of the company’s stock worth $275,000 after purchasing an additional 62 shares in the last quarter. Kingswood Wealth Advisors LLC increased its position in shares of Invesco Aerospace & Defense ETF by 0.4% in the third quarter. Kingswood Wealth Advisors LLC now owns 17,762 shares of the company’s stock worth $2,746,000 after purchasing an additional 71 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in shares of Invesco Aerospace & Defense ETF by 0.8% in the second quarter. Integrated Wealth Concepts LLC now owns 9,850 shares of the company’s stock worth $1,740,000 after purchasing an additional 78 shares during the last quarter. Modera Wealth Management LLC increased its position in shares of Invesco Aerospace & Defense ETF by 3.8% in the first quarter. Modera Wealth Management LLC now owns 2,347 shares of the company’s stock worth $389,000 after purchasing an additional 86 shares during the last quarter. Finally, Foguth Wealth Management LLC. raised its stake in Invesco Aerospace & Defense ETF by 5.2% in the third quarter. Foguth Wealth Management LLC. now owns 1,951 shares of the company’s stock valued at $305,000 after purchasing an additional 96 shares in the last quarter.

Invesco Aerospace & Defense ETF Price Performance

Shares of PPA opened at $153.19 on Friday. Invesco Aerospace & Defense ETF has a 1-year low of $144.29 and a 1-year high of $186.30. The company has a market capitalization of $7.25 billion, a P/E ratio of 26.95 and a beta of 0.76. The firm’s 50 day simple moving average is $158.42 and its 200 day simple moving average is $170.26.

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.