Renaissance Technologies LLC Has $3.06 Million Stake in Invesco Aerospace & Defense ETF $PPA

Renaissance Technologies LLC lifted its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 203.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,500 shares of the company’s stock after purchasing an additional 12,400 shares during the quarter. Renaissance Technologies LLC’s holdings in Invesco Aerospace & Defense ETF were worth $3,065,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of PPA. EPG Wealth Management LLC acquired a new position in shares of Invesco Aerospace & Defense ETF in the 4th quarter valued at approximately $31,000. 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 valued at $30,000 after buying an additional 96 shares in the last quarter. Bayban bought a new position in Invesco Aerospace & Defense ETF in the fourth quarter valued at approximately $38,000. High Point Wealth Management LLC acquired a new position in shares of Invesco Aerospace & Defense ETF in the fourth quarter valued at approximately $41,000. Finally, Wealth Watch Advisors INC acquired a new position in shares of Invesco Aerospace & Defense ETF in the third quarter valued at approximately $49,000.

Invesco Aerospace & Defense ETF Stock Up 1.0%

Shares of PPA stock opened at $183.78 on Friday. The firm has a fifty day moving average of $174.56 and a 200-day moving average of $173.86. Invesco Aerospace & Defense ETF has a 12-month low of $143.44 and a 12-month high of $186.30. The company has a market capitalization of $8.70 billion, a price-to-earnings ratio of 30.91 and a beta of 0.74.

About Invesco Aerospace & Defense ETF

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.