Integrity Alliance LLC. increased its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) by 137.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,341 shares of the company’s stock after purchasing an additional 3,088 shares during the quarter. Integrity Alliance LLC.’s holdings in Invesco Aerospace & Defense ETF were worth $837,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in PPA. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco Aerospace & Defense ETF by 2,760.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,817,263 shares of the company’s stock worth $441,268,000 after purchasing an additional 2,718,777 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Invesco Aerospace & Defense ETF by 2.3% in the 3rd quarter. Bank of America Corp DE now owns 7,668,214 shares of the company’s stock worth $1,192,024,000 after purchasing an additional 173,290 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in shares of Invesco Aerospace & Defense ETF by 533.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 190,000 shares of the company’s stock worth $29,536,000 after purchasing an additional 160,000 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Invesco Aerospace & Defense ETF by 43.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 400,922 shares of the company’s stock worth $62,303,000 after purchasing an additional 121,776 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Invesco Aerospace & Defense ETF by 66.6% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 246,697 shares of the company’s stock worth $38,349,000 after purchasing an additional 98,597 shares in the last quarter.
Invesco Aerospace & Defense ETF Price Performance
NYSEARCA PPA opened at $178.07 on Friday. The company’s 50 day simple moving average is $170.04 and its 200 day simple moving average is $167.64. Invesco Aerospace & Defense ETF has a 12 month low of $131.50 and a 12 month high of $186.30. The company has a market capitalization of $8.52 billion, a P/E ratio of 30.91 and a beta of 0.72.
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.
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