Rockefeller Capital Management L.P. Buys 28,822 Shares of Invesco Aerospace & Defense ETF $PPA

Rockefeller Capital Management L.P. grew its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 189.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 44,007 shares of the company’s stock after acquiring an additional 28,822 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Invesco Aerospace & Defense ETF were worth $6,893,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE grew its holdings in shares of Invesco Aerospace & Defense ETF by 2.3% in the third quarter. Bank of America Corp DE now owns 7,668,214 shares of the company’s stock worth $1,192,024,000 after acquiring an additional 173,290 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in Invesco Aerospace & Defense ETF by 2,760.6% in the fourth 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 during the last quarter. Morgan Stanley boosted its position in Invesco Aerospace & Defense ETF by 1.3% in the fourth quarter. Morgan Stanley now owns 2,143,208 shares of the company’s stock worth $335,691,000 after purchasing an additional 27,624 shares during the last quarter. LPL Financial LLC grew its stake in shares of Invesco Aerospace & Defense ETF by 3.6% during the 4th quarter. LPL Financial LLC now owns 1,729,063 shares of the company’s stock valued at $270,823,000 after purchasing an additional 60,321 shares during the period. Finally, UBS Group AG grew its stake in shares of Invesco Aerospace & Defense ETF by 5.9% during the 3rd quarter. UBS Group AG now owns 825,841 shares of the company’s stock valued at $128,377,000 after purchasing an additional 46,319 shares during the period.

Invesco Aerospace & Defense ETF Stock Up 0.4%

NYSEARCA PPA opened at $171.69 on Friday. The company has a 50-day moving average price of $171.03 and a 200-day moving average price of $170.89. Invesco Aerospace & Defense ETF has a 52 week low of $137.34 and a 52 week high of $186.30. The firm has a market capitalization of $8.21 billion, a P/E ratio of 30.91 and a beta of 0.73.

Invesco Aerospace & Defense ETF 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.