Tempus Wealth Planning LLC Increases Stake in Invesco Aerospace & Defense ETF $PPA

Tempus Wealth Planning LLC boosted its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 23.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,295 shares of the company’s stock after buying an additional 3,900 shares during the quarter. Tempus Wealth Planning LLC’s holdings in Invesco Aerospace & Defense ETF were worth $3,179,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Benjamin Edwards Inc. increased its position in shares of Invesco Aerospace & Defense ETF by 1.2% during the third quarter. Benjamin Edwards Inc. now owns 5,724 shares of the company’s stock worth $891,000 after acquiring an additional 69 shares during the period. National Wealth Management Group LLC boosted its holdings in Invesco Aerospace & Defense ETF by 1.3% in the second quarter. National Wealth Management Group LLC now owns 5,445 shares of the company’s stock valued at $772,000 after purchasing an additional 71 shares during the period. McCollum Christoferson Group LLC grew its stake in Invesco Aerospace & Defense ETF by 4.1% during the 4th quarter. McCollum Christoferson Group LLC now owns 1,925 shares of the company’s stock worth $302,000 after purchasing an additional 75 shares in the last quarter. Smith Moore & CO. grew its stake in Invesco Aerospace & Defense ETF by 3.3% during the 3rd quarter. Smith Moore & CO. now owns 2,425 shares of the company’s stock worth $377,000 after purchasing an additional 78 shares in the last quarter. Finally, BOK Financial Private Wealth Inc. increased its holdings in Invesco Aerospace & Defense ETF by 84.2% during the 3rd quarter. BOK Financial Private Wealth Inc. now owns 175 shares of the company’s stock worth $27,000 after purchasing an additional 80 shares during the period.

Invesco Aerospace & Defense ETF Price Performance

PPA stock opened at $169.68 on Friday. The firm has a market capitalization of $7.60 billion, a P/E ratio of 30.91 and a beta of 0.87. The business’s 50-day moving average is $175.28 and its two-hundred day moving average is $163.32. Invesco Aerospace & Defense ETF has a 1 year low of $100.39 and a 1 year high of $186.30.

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.