Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Shares Purchased by Principal Securities Inc.

Principal Securities Inc. raised its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 14.4% in the 4th quarter, Holdings Channel reports. The fund owned 17,492 shares of the company’s stock after purchasing an additional 2,203 shares during the period. Principal Securities Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $2,007,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Valley Brook Capital Group Inc. boosted its holdings in Invesco Aerospace & Defense ETF by 3.3% in the third quarter. Valley Brook Capital Group Inc. now owns 2,781 shares of the company’s stock valued at $320,000 after purchasing an additional 90 shares during the last quarter. XML Financial LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 3.0% during the 3rd quarter. XML Financial LLC now owns 3,205 shares of the company’s stock valued at $368,000 after buying an additional 92 shares during the last quarter. Carr Financial Group Corp grew its position in shares of Invesco Aerospace & Defense ETF by 1.1% during the third quarter. Carr Financial Group Corp now owns 9,650 shares of the company’s stock worth $1,109,000 after buying an additional 102 shares in the last quarter. Glass Jacobson Investment Advisors llc increased its stake in shares of Invesco Aerospace & Defense ETF by 50.5% in the third quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock worth $35,000 after buying an additional 102 shares during the last quarter. Finally, National Wealth Management Group LLC raised its holdings in Invesco Aerospace & Defense ETF by 2.2% in the third quarter. National Wealth Management Group LLC now owns 5,393 shares of the company’s stock valued at $620,000 after acquiring an additional 116 shares in the last quarter.

Invesco Aerospace & Defense ETF Price Performance

NYSEARCA PPA opened at $118.08 on Wednesday. The company has a market capitalization of $3.68 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 12 month low of $94.91 and a 12 month high of $124.89. The company’s fifty day moving average price is $117.92 and its two-hundred day moving average price is $115.93.

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.