Capital Asset Advisory Services LLC Buys 7,007 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Capital Asset Advisory Services LLC increased its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 2.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 347,703 shares of the company’s stock after buying an additional 7,007 shares during the period. Invesco Aerospace & Defense ETF accounts for about 2.0% of Capital Asset Advisory Services LLC’s portfolio, making the stock its 12th largest holding. Capital Asset Advisory Services LLC owned 1.12% of Invesco Aerospace & Defense ETF worth $40,226,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of PPA. Park Avenue Securities LLC acquired a new stake in Invesco Aerospace & Defense ETF in the 4th quarter worth about $935,000. FMR LLC raised its stake in Invesco Aerospace & Defense ETF by 26.6% in the 3rd quarter. FMR LLC now owns 7,061 shares of the company’s stock worth $812,000 after purchasing an additional 1,482 shares in the last quarter. Zacks Investment Management raised its stake in Invesco Aerospace & Defense ETF by 5.1% in the 3rd quarter. Zacks Investment Management now owns 2,627 shares of the company’s stock worth $302,000 after purchasing an additional 127 shares in the last quarter. Quantinno Capital Management LP raised its stake in Invesco Aerospace & Defense ETF by 171.9% in the 3rd quarter. Quantinno Capital Management LP now owns 14,268 shares of the company’s stock worth $1,640,000 after purchasing an additional 9,020 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in Invesco Aerospace & Defense ETF by 87.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,218 shares of the company’s stock worth $1,865,000 after purchasing an additional 7,555 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Down 0.9 %

Shares of Invesco Aerospace & Defense ETF stock opened at $122.21 on Monday. The company has a 50-day simple moving average of $118.02 and a two-hundred day simple moving average of $114.46. The stock has a market capitalization of $3.81 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a twelve month low of $89.74 and a twelve month high of $124.89.

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.