Gateway Wealth Partners LLC Boosts Stock Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Gateway Wealth Partners LLC boosted its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 16.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,753 shares of the company’s stock after buying an additional 528 shares during the quarter. Gateway Wealth Partners LLC’s holdings in Invesco Aerospace & Defense ETF were worth $431,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Park Avenue Securities LLC purchased a new position in Invesco Aerospace & Defense ETF in the 4th quarter valued at approximately $935,000. FMR LLC grew its position in shares of Invesco Aerospace & Defense ETF by 26.6% in the third quarter. FMR LLC now owns 7,061 shares of the company’s stock valued at $812,000 after purchasing an additional 1,482 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Invesco Aerospace & Defense ETF by 87.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 16,218 shares of the company’s stock valued at $1,865,000 after purchasing an additional 7,555 shares during the period. Zacks Investment Management lifted its holdings in Invesco Aerospace & Defense ETF by 5.1% during 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. Finally, Quantinno Capital Management LP boosted 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 during the period.

Invesco Aerospace & Defense ETF Stock Down 0.4 %

PPA stock opened at $118.65 on Thursday. Invesco Aerospace & Defense ETF has a twelve month low of $90.93 and a twelve month high of $124.89. The firm has a market capitalization of $3.70 billion, a PE ratio of 33.87 and a beta of 0.73. The stock has a 50-day simple moving average of $118.12 and a two-hundred day simple moving average of $114.71.

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.