Carr Financial Group Corp Increases Stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Carr Financial Group Corp grew its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 1.1% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 9,650 shares of the company’s stock after purchasing an additional 102 shares during the quarter. Carr Financial Group Corp’s holdings in Invesco Aerospace & Defense ETF were worth $1,109,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Beacon Capital Management LLC increased its position in shares of Invesco Aerospace & Defense ETF by 31.6% during the first quarter. Beacon Capital Management LLC now owns 416 shares of the company’s stock valued at $42,000 after acquiring an additional 100 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Invesco Aerospace & Defense ETF during the 2nd quarter valued at $42,000. Eastern Bank bought a new stake in shares of Invesco Aerospace & Defense ETF in the 3rd quarter worth $46,000. EverSource Wealth Advisors LLC purchased a new position in shares of Invesco Aerospace & Defense ETF in the first quarter worth $54,000. Finally, Assetmark Inc. purchased a new position in shares of Invesco Aerospace & Defense ETF in the third quarter worth $54,000.

Invesco Aerospace & Defense ETF Price Performance

Invesco Aerospace & Defense ETF stock opened at $123.13 on Friday. Invesco Aerospace & Defense ETF has a one year low of $83.45 and a one year high of $123.58. The business’s fifty day moving average is $115.01 and its 200 day moving average is $108.71. The stock has a market capitalization of $3.84 billion, a PE ratio of 33.87 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.