Newbridge Financial Services Group Inc. Purchases 146 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Newbridge Financial Services Group Inc. lifted its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 29.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 637 shares of the company’s stock after buying an additional 146 shares during the quarter. Newbridge Financial Services Group Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $73,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Park Avenue Securities LLC acquired a new stake in Invesco Aerospace & Defense ETF in the 4th quarter worth about $935,000. FMR LLC raised 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 buying an additional 1,482 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Invesco Aerospace & Defense ETF by 87.2% in the third quarter. JPMorgan Chase & Co. now owns 16,218 shares of the company’s stock valued at $1,865,000 after buying an additional 7,555 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 7.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 91,667 shares of the company’s stock valued at $10,517,000 after buying an additional 6,648 shares during the period. Finally, Zacks Investment Management grew its position in Invesco Aerospace & Defense ETF by 5.1% during the third quarter. Zacks Investment Management now owns 2,627 shares of the company’s stock worth $302,000 after buying an additional 127 shares in the last quarter.

Invesco Aerospace & Defense ETF Price Performance

Invesco Aerospace & Defense ETF stock opened at $120.51 on Tuesday. The stock’s fifty day moving average price is $118.10 and its two-hundred day moving average price is $115.48. The firm has a market cap of $3.75 billion, a PE ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a one year low of $92.93 and a one 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.