Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Sets New 12-Month High at $103.88

Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) reached a new 52-week high during trading on Monday . The company traded as high as $103.88 and last traded at $103.87, with a volume of 18798 shares. The stock had previously closed at $102.93.

Invesco Aerospace & Defense ETF Trading Up 1.2 %

The stock’s fifty day moving average price is $99.69 and its 200 day moving average price is $92.84. The stock has a market cap of $3.16 billion, a P/E ratio of 32.60 and a beta of 0.74.

Institutional Investors Weigh In On Invesco Aerospace & Defense ETF

Large investors have recently added to or reduced their stakes in the company. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management bought a new position in shares of Invesco Aerospace & Defense ETF during the 4th quarter valued at about $34,256,000. International Assets Investment Management LLC lifted its holdings in shares of Invesco Aerospace & Defense ETF by 9,361.6% in the 4th quarter. International Assets Investment Management LLC now owns 244,582 shares of the company’s stock worth $22,541,000 after acquiring an additional 241,997 shares during the last quarter. Greenlight Capital Inc. purchased a new stake in shares of Invesco Aerospace & Defense ETF in the 4th quarter valued at $17,098,000. Axxcess Wealth Management LLC grew its holdings in shares of Invesco Aerospace & Defense ETF by 219.3% during the 3rd quarter. Axxcess Wealth Management LLC now owns 229,932 shares of the company’s stock valued at $18,349,000 after purchasing an additional 157,931 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its position in Invesco Aerospace & Defense ETF by 243.7% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 208,311 shares of the company’s stock worth $19,198,000 after purchasing an additional 147,710 shares during the period.

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.