Kingsview Wealth Management LLC Grows Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Kingsview Wealth Management LLC raised its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 20.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,306 shares of the company’s stock after buying an additional 904 shares during the period. Kingsview Wealth Management LLC’s holdings in Invesco Aerospace & Defense ETF were worth $610,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of PPA. Howe & Rusling Inc. purchased a new position in Invesco Aerospace & Defense ETF in the third quarter valued at about $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Invesco Aerospace & Defense ETF during the 2nd quarter valued at approximately $42,000. Eastern Bank acquired a new stake in shares of Invesco Aerospace & Defense ETF during the third quarter worth approximately $46,000. EverSource Wealth Advisors LLC bought a new stake in shares of Invesco Aerospace & Defense ETF in the first quarter worth $54,000. Finally, Assetmark Inc. acquired a new stake in Invesco Aerospace & Defense ETF in the third quarter valued at $54,000.

Invesco Aerospace & Defense ETF Price Performance

Shares of PPA stock opened at $120.37 on Thursday. The firm has a fifty day moving average of $117.29 and a two-hundred day moving average of $110.24. The firm has a market cap of $3.75 billion, a P/E ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 1-year low of $86.53 and a 1-year high of $124.89.

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.