Bright Futures Wealth Management LLC. Acquires 155 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Bright Futures Wealth Management LLC. grew its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 1.8% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,635 shares of the company’s stock after buying an additional 155 shares during the period. Bright Futures Wealth Management LLC.’s holdings in Invesco Aerospace & Defense ETF were worth $909,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Invesco Aerospace & Defense ETF during the 2nd quarter valued at $42,000. Beacon Capital Management LLC lifted its holdings in shares of Invesco Aerospace & Defense ETF by 31.6% in the 1st quarter. Beacon Capital Management LLC now owns 416 shares of the company’s stock worth $42,000 after acquiring an additional 100 shares during the last quarter. Creekmur Asset Management LLC purchased a new position in shares of Invesco Aerospace & Defense ETF during the 4th quarter worth about $44,000. EverSource Wealth Advisors LLC bought a new position in Invesco Aerospace & Defense ETF during the 1st quarter valued at about $54,000. Finally, Atlantic Edge Private Wealth Management LLC purchased a new stake in Invesco Aerospace & Defense ETF in the 4th quarter worth about $55,000.

Invesco Aerospace & Defense ETF Price Performance

Shares of NYSEARCA PPA opened at $109.96 on Tuesday. Invesco Aerospace & Defense ETF has a 1 year low of $77.50 and a 1 year high of $113.60. The firm has a 50-day simple moving average of $107.43 and a two-hundred day simple moving average of $103.62. The company has a market cap of $3.43 billion, a P/E ratio of 33.87 and a beta of 0.73.

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.