Invesco Aerospace & Defense ETF $PPA Stock: LexAurum Advisors LLC Grows Position

LexAurum Advisors LLC boosted its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 22.0% in the 3rd quarter, Holdings Channel reports. The firm owned 32,485 shares of the company’s stock after purchasing an additional 5,849 shares during the period. LexAurum Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $5,023,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the business. Foguth Wealth Management LLC. increased its stake in Invesco Aerospace & Defense ETF by 5.2% in the third quarter. Foguth Wealth Management LLC. now owns 1,951 shares of the company’s stock valued at $305,000 after purchasing an additional 96 shares during the period. Center For Asset Management LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF in the third quarter valued at about $404,000. Vontobel Holding Ltd. raised its holdings in shares of Invesco Aerospace & Defense ETF by 10.0% in the third quarter. Vontobel Holding Ltd. now owns 2,522 shares of the company’s stock valued at $390,000 after buying an additional 230 shares during the last quarter. TD Waterhouse Canada Inc. raised its holdings in shares of Invesco Aerospace & Defense ETF by 6.1% in the third quarter. TD Waterhouse Canada Inc. now owns 16,394 shares of the company’s stock valued at $2,550,000 after buying an additional 936 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC acquired a new stake in shares of Invesco Aerospace & Defense ETF during the third quarter worth about $870,000.

Invesco Aerospace & Defense ETF Trading Up 0.0%

Shares of PPA traded up $0.01 during mid-day trading on Monday, hitting $156.44. 123,735 shares of the company’s stock were exchanged, compared to its average volume of 260,819. Invesco Aerospace & Defense ETF has a fifty-two week low of $144.29 and a fifty-two week high of $186.30. The business’s 50 day moving average is $164.63 and its two-hundred day moving average is $169.86. The firm has a market capitalization of $7.42 billion, a P/E ratio of 30.91 and a beta of 0.75.

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.