WealthShield Partners LLC lifted its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) by 478.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 4,972 shares of the company’s stock after acquiring an additional 4,112 shares during the period. WealthShield Partners LLC’s holdings in Invesco Aerospace & Defense ETF were worth $570,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC lifted its holdings in Invesco Aerospace & Defense ETF by 10,225.1% in the 3rd quarter. International Assets Investment Management LLC now owns 278,674 shares of the company’s stock worth $32,039,000 after purchasing an additional 275,975 shares during the last quarter. Janney Montgomery Scott LLC bought a new position in shares of Invesco Aerospace & Defense ETF in the third quarter valued at approximately $9,775,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Invesco Aerospace & Defense ETF in the third quarter worth $9,263,000. National Bank of Canada FI boosted its holdings in shares of Invesco Aerospace & Defense ETF by 26.6% during the 3rd quarter. National Bank of Canada FI now owns 227,122 shares of the company’s stock worth $26,112,000 after buying an additional 47,703 shares during the period. Finally, Transcendent Capital Group LLC acquired a new position in Invesco Aerospace & Defense ETF in the 3rd quarter valued at $3,434,000.
Invesco Aerospace & Defense ETF Price Performance
Shares of PPA opened at $114.00 on Tuesday. The company has a market capitalization of $4.58 billion, a PE ratio of 27.41 and a beta of 0.96. Invesco Aerospace & Defense ETF has a one year low of $96.25 and a one year high of $124.89. The company’s fifty day moving average price is $117.72 and its 200 day moving average price is $116.33.
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.
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