Private Advisor Group LLC Acquires 38,226 Shares of Invesco Aerospace & Defense ETF $PPA

Private Advisor Group LLC grew its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 49.5% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 115,401 shares of the company’s stock after acquiring an additional 38,226 shares during the quarter. Private Advisor Group LLC owned 0.24% of Invesco Aerospace & Defense ETF worth $19,122,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. eCIO Inc. bought a new position in shares of Invesco Aerospace & Defense ETF during the 4th quarter valued at $28,000. Binnacle Investments Inc lifted its stake in 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 purchasing an additional 96 shares during the last quarter. EPG Wealth Management LLC bought a new stake in Invesco Aerospace & Defense ETF in the fourth quarter worth $31,000. Y.D. More Investments Ltd lifted its stake in Invesco Aerospace & Defense ETF by 720.0% in the fourth quarter. Y.D. More Investments Ltd now owns 205 shares of the company’s stock worth $32,000 after purchasing an additional 180 shares during the last quarter. Finally, Bayban purchased a new stake in Invesco Aerospace & Defense ETF during the fourth quarter valued at about $38,000.

Invesco Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA:PPA opened at $181.08 on Friday. The stock’s 50-day moving average price is $171.35 and its 200-day moving average price is $171.78. Invesco Aerospace & Defense ETF has a 12-month low of $140.01 and a 12-month high of $186.30. The stock has a market capitalization of $8.97 billion, a P/E ratio of 30.91 and a beta of 0.73.

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.