Focus Financial Network Inc. Has $1.50 Million Stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Focus Financial Network Inc. grew its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 28.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 13,061 shares of the company’s stock after purchasing an additional 2,894 shares during the quarter. Focus Financial Network Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $1,498,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. CWM LLC raised its holdings in shares of Invesco Aerospace & Defense ETF by 16.3% in the third quarter. CWM LLC now owns 8,996 shares of the company’s stock valued at $1,034,000 after buying an additional 1,261 shares during the last quarter. ORG Partners LLC increased its position in Invesco Aerospace & Defense ETF by 2,650.0% in the 3rd quarter. ORG Partners LLC now owns 550 shares of the company’s stock valued at $63,000 after acquiring an additional 530 shares in the last quarter. Creative Planning raised its stake in shares of Invesco Aerospace & Defense ETF by 305.2% in the third quarter. Creative Planning now owns 15,606 shares of the company’s stock worth $1,794,000 after acquiring an additional 11,755 shares during the last quarter. NBC Securities Inc. lifted its position in shares of Invesco Aerospace & Defense ETF by 17.1% during the third quarter. NBC Securities Inc. now owns 5,350 shares of the company’s stock worth $615,000 after purchasing an additional 780 shares in the last quarter. Finally, Keystone Wealth Services LLC bought a new stake in shares of Invesco Aerospace & Defense ETF during the third quarter valued at approximately $929,000.

Invesco Aerospace & Defense ETF Stock Performance

NYSEARCA PPA opened at $120.10 on Wednesday. The stock has a fifty day moving average of $118.11 and a 200-day moving average of $115.58. The stock has a market capitalization of $3.74 billion, a P/E ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 52 week low of $92.93 and a 52 week high of $124.89.

Invesco Aerospace & Defense ETF 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.