National Wealth Management Group LLC raised its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) by 2.2% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 5,393 shares of the company’s stock after buying an additional 116 shares during the period. National Wealth Management Group LLC’s holdings in Invesco Aerospace & Defense ETF were worth $620,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently bought and sold shares of the company. FMR LLC boosted its position in Invesco Aerospace & Defense ETF by 26.6% in the 3rd quarter. FMR LLC now owns 7,061 shares of the company’s stock valued at $812,000 after buying an additional 1,482 shares during the last quarter. MGB Wealth Management LLC boosted its position in Invesco Aerospace & Defense ETF by 3.4% in the 3rd quarter. MGB Wealth Management LLC now owns 11,444 shares of the company’s stock valued at $1,316,000 after buying an additional 375 shares during the last quarter. KKM Financial LLC boosted its position in Invesco Aerospace & Defense ETF by 2.8% in the 3rd quarter. KKM Financial LLC now owns 5,606 shares of the company’s stock valued at $645,000 after buying an additional 154 shares during the last quarter. Kingsview Wealth Management LLC boosted its position in shares of Invesco Aerospace & Defense ETF by 20.5% in the 3rd quarter. Kingsview Wealth Management LLC now owns 5,306 shares of the company’s stock worth $610,000 after purchasing an additional 904 shares during the last quarter. Finally, LPL Financial LLC boosted its position in shares of Invesco Aerospace & Defense ETF by 1.5% in the 3rd quarter. LPL Financial LLC now owns 1,392,972 shares of the company’s stock worth $160,150,000 after purchasing an additional 20,169 shares during the last quarter.
Invesco Aerospace & Defense ETF Stock Down 0.4 %
NYSEARCA:PPA opened at $120.37 on Thursday. Invesco Aerospace & Defense ETF has a 12-month low of $86.53 and a 12-month high of $124.89. The firm has a market capitalization of $3.75 billion, a P/E ratio of 33.87 and a beta of 0.73. The stock’s fifty day simple moving average is $117.46 and its 200-day simple moving average is $110.32.
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.
Further Reading
- Five stocks we like better than Invesco Aerospace & Defense ETF
- What to Know About Investing in Penny Stocks
- DICK’S Sporting Goods: The Under-the-Radar Buy-and-Hold Winner
- What is Forex and How Does it Work?
- 2 Cheap Quantum Computing Stocks to Buy Instead of Chasing IonQ
- Best Aerospace Stocks Investing
- Microsoft Stock Gets a $550 Price Target: Time to Get Excited
Want to see what other hedge funds are holding PPA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report).
Receive News & Ratings for Invesco Aerospace & Defense ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Aerospace & Defense ETF and related companies with MarketBeat.com's FREE daily email newsletter.