J.W. Cole Advisors Inc. Has $14.11 Million Stake in Invesco Aerospace & Defense ETF $PPA

J.W. Cole Advisors Inc. raised its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 40.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 90,661 shares of the company’s stock after buying an additional 26,260 shares during the period. J.W. Cole Advisors Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $14,106,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. BOK Financial Private Wealth Inc. increased its holdings in shares of Invesco Aerospace & Defense ETF by 84.2% during the third quarter. BOK Financial Private Wealth Inc. now owns 175 shares of the company’s stock worth $27,000 after buying an additional 80 shares in the last quarter. eCIO Inc. bought a new stake in shares of Invesco Aerospace & Defense ETF during the fourth quarter valued at approximately $28,000. Binnacle Investments Inc grew its stake 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 valued at $30,000 after purchasing an additional 96 shares during the last quarter. EPG Wealth Management LLC bought a new stake in shares of Invesco Aerospace & Defense ETF during the fourth quarter valued at approximately $31,000. Finally, Y.D. More Investments Ltd grew its stake in shares of Invesco Aerospace & Defense ETF by 720.0% during the fourth quarter. Y.D. More Investments Ltd now owns 205 shares of the company’s stock valued at $32,000 after purchasing an additional 180 shares during the last quarter.

Invesco Aerospace & Defense ETF Price Performance

PPA opened at $173.53 on Friday. Invesco Aerospace & Defense ETF has a one year low of $132.54 and a one year high of $186.30. The company’s 50 day simple moving average is $170.30 and its 200-day simple moving average is $168.36. The stock has a market capitalization of $8.30 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.