Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Position Lifted by Valley Brook Capital Group Inc.

Valley Brook Capital Group Inc. raised its stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 3.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 2,781 shares of the company’s stock after acquiring an additional 90 shares during the period. Valley Brook Capital Group Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $320,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. BNP Paribas Financial Markets bought a new stake in shares of Invesco Aerospace & Defense ETF in the 1st quarter valued at approximately $233,000. Whittier Trust Co. lifted its holdings in Invesco Aerospace & Defense ETF by 385.7% in the first quarter. Whittier Trust Co. now owns 680 shares of the company’s stock worth $69,000 after acquiring an additional 540 shares during the last quarter. MGB Wealth Management LLC grew its holdings in shares of Invesco Aerospace & Defense ETF by 9.6% during the first quarter. MGB Wealth Management LLC now owns 10,404 shares of the company’s stock valued at $1,057,000 after purchasing an additional 915 shares during the last quarter. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Invesco Aerospace & Defense ETF during the 1st quarter worth approximately $241,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Invesco Aerospace & Defense ETF during the 1st quarter worth approximately $383,000.

Invesco Aerospace & Defense ETF Stock Down 0.4 %

PPA stock traded down $0.48 during mid-day trading on Thursday, reaching $119.77. The company had a trading volume of 26,463 shares, compared to its average volume of 167,236. Invesco Aerospace & Defense ETF has a one year low of $83.32 and a one year high of $120.89. The stock’s 50-day simple moving average is $114.67 and its two-hundred day simple moving average is $108.41. The stock has a market capitalization of $3.73 billion, a P/E ratio of 33.87 and a beta of 0.73.

About Invesco Aerospace & Defense ETF

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.