Concurrent Investment Advisors LLC Takes Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Concurrent Investment Advisors LLC acquired a new position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPAFree Report) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 2,096 shares of the company’s stock, valued at approximately $241,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PPA. Eastern Bank purchased a new position in Invesco Aerospace & Defense ETF during the third quarter worth $46,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Invesco Aerospace & Defense ETF in the second quarter valued at approximately $42,000. Beacon Capital Management LLC grew its stake in shares of Invesco Aerospace & Defense ETF by 31.6% during the first quarter. Beacon Capital Management LLC now owns 416 shares of the company’s stock valued at $42,000 after acquiring an additional 100 shares in the last quarter. EverSource Wealth Advisors LLC bought a new position in Invesco Aerospace & Defense ETF during the 1st quarter valued at $54,000. Finally, ORG Partners LLC grew its holdings in Invesco Aerospace & Defense ETF by 2,650.0% during the 3rd quarter. ORG Partners LLC now owns 550 shares of the company’s stock worth $63,000 after acquiring an additional 530 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Performance

Shares of Invesco Aerospace & Defense ETF stock opened at $124.35 on Tuesday. Invesco Aerospace & Defense ETF has a 1 year low of $84.92 and a 1 year high of $124.89. The firm’s 50-day simple moving average is $115.01 and its 200-day simple moving average is $108.77. The firm has a market cap of $3.87 billion, a PE ratio of 33.87 and a beta of 0.73.

About Invesco Aerospace & Defense ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

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