Invesco Aerospace & Defense ETF $PPA Shares Purchased by Waverly Advisors LLC

Waverly Advisors LLC boosted its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 559.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,088 shares of the company’s stock after acquiring an additional 14,495 shares during the quarter. Waverly Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $2,831,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. eCIO Inc. purchased a new stake in shares of Invesco Aerospace & Defense ETF during the 4th quarter worth $28,000. EPG Wealth Management LLC purchased a new position in shares of Invesco Aerospace & Defense ETF in the 4th quarter valued at about $31,000. Y.D. More Investments Ltd increased its holdings in shares of Invesco Aerospace & Defense ETF by 720.0% in the 4th quarter. Y.D. More Investments Ltd now owns 205 shares of the company’s stock valued at $32,000 after purchasing an additional 180 shares in the last quarter. Binnacle Investments Inc increased its holdings in shares of Invesco Aerospace & Defense ETF by 84.2% in the 2nd quarter. Binnacle Investments Inc now owns 210 shares of the company’s stock valued at $30,000 after purchasing an additional 96 shares in the last quarter. Finally, Bayban acquired a new stake in shares of Invesco Aerospace & Defense ETF in the fourth quarter valued at about $38,000.

Invesco Aerospace & Defense ETF Trading Down 3.8%

PPA stock opened at $170.92 on Thursday. The company has a market cap of $8.08 billion, a P/E ratio of 30.91 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 52 week low of $142.07 and a 52 week high of $186.30. The company’s 50-day moving average price is $173.63 and its 200 day moving average price is $173.67.

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.