Tidemark LLC Purchases 14,129 Shares of Invesco Aerospace & Defense ETF $PPA

Tidemark LLC increased its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 210.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 20,833 shares of the company’s stock after purchasing an additional 14,129 shares during the quarter. Invesco Aerospace & Defense ETF makes up 0.9% of Tidemark LLC’s holdings, making the stock its 25th largest position. Tidemark LLC’s holdings in Invesco Aerospace & Defense ETF were worth $3,239,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of PPA. Axxcess Wealth Management LLC grew its holdings in Invesco Aerospace & Defense ETF by 3.4% during the second quarter. Axxcess Wealth Management LLC now owns 358,675 shares of the company’s stock worth $50,821,000 after purchasing an additional 11,909 shares during the period. Meitav Investment House Ltd. lifted its position in shares of Invesco Aerospace & Defense ETF by 2.1% in the second quarter. Meitav Investment House Ltd. now owns 275,480 shares of the company’s stock valued at $39,033,000 after buying an additional 5,634 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Invesco Aerospace & Defense ETF by 66.6% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 246,697 shares of the company’s stock worth $38,349,000 after acquiring an additional 98,597 shares during the period. Osaic Holdings Inc. increased its holdings in shares of Invesco Aerospace & Defense ETF by 12.1% during the 2nd quarter. Osaic Holdings Inc. now owns 206,410 shares of the company’s stock worth $29,257,000 after acquiring an additional 22,282 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Invesco Aerospace & Defense ETF by 19.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 185,002 shares of the company’s stock worth $28,758,000 after acquiring an additional 30,441 shares during the last quarter.

Invesco Aerospace & Defense ETF Price Performance

Shares of Invesco Aerospace & Defense ETF stock opened at $175.74 on Thursday. The business has a fifty day simple moving average of $161.10 and a two-hundred day simple moving average of $154.34. Invesco Aerospace & Defense ETF has a 1 year low of $100.39 and a 1 year high of $181.31. The company has a market capitalization of $7.80 billion, a price-to-earnings ratio of 30.91 and a beta of 0.87.

Invesco Aerospace & Defense ETF Company 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.