Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Shares Acquired by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC increased its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 9.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,070 shares of the company’s stock after acquiring an additional 256 shares during the quarter. Gateway Wealth Partners LLC’s holdings in Invesco Aerospace & Defense ETF were worth $315,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Invesco Aerospace & Defense ETF in the second quarter worth about $42,000. Beacon Capital Management LLC increased its holdings in Invesco Aerospace & Defense ETF by 31.6% in the first quarter. Beacon Capital Management LLC now owns 416 shares of the company’s stock valued at $42,000 after buying an additional 100 shares during the last quarter. Creekmur Asset Management LLC bought a new stake in Invesco Aerospace & Defense ETF in the fourth quarter valued at about $44,000. EverSource Wealth Advisors LLC bought a new stake in Invesco Aerospace & Defense ETF in the first quarter valued at about $54,000. Finally, Signaturefd LLC increased its holdings in Invesco Aerospace & Defense ETF by 19.2% in the second quarter. Signaturefd LLC now owns 664 shares of the company’s stock valued at $68,000 after buying an additional 107 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Up 0.5 %

Shares of Invesco Aerospace & Defense ETF stock opened at $114.92 on Tuesday. The firm has a market cap of $3.58 billion, a P/E ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a fifty-two week low of $77.50 and a fifty-two week high of $114.99. The business has a 50-day moving average price of $109.92 and a 200 day moving average price of $105.12.

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.