Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Shares Bought by Florida Financial Advisors LLC

Florida Financial Advisors LLC grew its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 22.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,278 shares of the company’s stock after purchasing an additional 787 shares during the period. Florida Financial Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $491,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of PPA. Thrivent Financial for Lutherans raised its holdings in shares of Invesco Aerospace & Defense ETF by 11.8% in the third quarter. Thrivent Financial for Lutherans now owns 11,769 shares of the company’s stock valued at $1,353,000 after buying an additional 1,238 shares during the last quarter. Kingsview Wealth Management LLC grew its position in Invesco Aerospace & Defense ETF by 20.5% in the 3rd quarter. Kingsview Wealth Management LLC now owns 5,306 shares of the company’s stock valued at $610,000 after buying an additional 904 shares during the last quarter. FMR LLC increased its stake in Invesco Aerospace & Defense ETF by 26.6% in the 3rd quarter. FMR LLC now owns 7,061 shares of the company’s stock valued at $812,000 after buying an additional 1,482 shares during the period. National Wealth Management Group LLC raised its position in Invesco Aerospace & Defense ETF by 2.2% during the 3rd quarter. National Wealth Management Group LLC now owns 5,393 shares of the company’s stock worth $620,000 after buying an additional 116 shares during the last quarter. Finally, Captrust Financial Advisors lifted its stake in shares of Invesco Aerospace & Defense ETF by 8.0% in the 3rd quarter. Captrust Financial Advisors now owns 7,661 shares of the company’s stock worth $881,000 after acquiring an additional 569 shares during the period.

Invesco Aerospace & Defense ETF Trading Up 2.0 %

NYSEARCA PPA opened at $119.91 on Tuesday. The stock has a market capitalization of $4.72 billion, a price-to-earnings ratio of 27.08 and a beta of 0.95. Invesco Aerospace & Defense ETF has a 12-month low of $97.64 and a 12-month high of $124.89. The business’s 50 day moving average is $117.92 and its two-hundred day moving average is $117.09.

Invesco Aerospace & Defense ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be paid a dividend of $0.0489 per share. The ex-dividend date is Monday, March 24th.

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.