Nwam LLC Makes New Investment in Invesco Aerospace & Defense ETF $PPA

Nwam LLC bought a new position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 3,000 shares of the company’s stock, valued at approximately $470,000.

Several other hedge funds have also recently bought and sold shares of the stock. BOK Financial Private Wealth Inc. grew its stake in shares of 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 acquiring an additional 80 shares in the last quarter. eCIO Inc. bought a new position in shares of Invesco Aerospace & Defense ETF during the 4th quarter worth approximately $28,000. EPG Wealth Management LLC bought a new position in shares of Invesco Aerospace & Defense ETF during the 4th quarter worth approximately $31,000. Y.D. More Investments Ltd grew its stake in shares of Invesco Aerospace & Defense ETF by 720.0% during the 4th quarter. Y.D. More Investments Ltd now owns 205 shares of the company’s stock worth $32,000 after acquiring an additional 180 shares in the last quarter. Finally, Binnacle Investments Inc grew its stake in shares of Invesco Aerospace & Defense ETF by 84.2% during the 2nd quarter. Binnacle Investments Inc now owns 210 shares of the company’s stock worth $30,000 after acquiring an additional 96 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Up 1.1%

Shares of PPA opened at $169.44 on Tuesday. The stock has a market capitalization of $8.10 billion, a P/E ratio of 30.91 and a beta of 0.72. Invesco Aerospace & Defense ETF has a twelve month low of $126.19 and a twelve month high of $186.30. The company has a 50 day moving average of $172.47 and a 200-day moving average of $166.43.

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.