Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Stake Raised by Flagship Harbor Advisors LLC

Flagship Harbor Advisors LLC boosted its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 7.5% during the 4th quarter, Holdings Channel reports. The fund owned 22,048 shares of the company’s stock after acquiring an additional 1,544 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $2,530,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in PPA. LPL Financial LLC grew its stake in shares of Invesco Aerospace & Defense ETF by 1.5% in the third quarter. LPL Financial LLC now owns 1,392,972 shares of the company’s stock worth $160,150,000 after purchasing an additional 20,169 shares in the last quarter. Axxcess Wealth Management LLC lifted its holdings in Invesco Aerospace & Defense ETF by 3.3% in the third quarter. Axxcess Wealth Management LLC now owns 347,210 shares of the company’s stock worth $39,919,000 after purchasing an additional 11,122 shares during the period. Raymond James & Associates grew its position in Invesco Aerospace & Defense ETF by 20.8% in the 3rd quarter. Raymond James & Associates now owns 292,618 shares of the company’s stock valued at $33,642,000 after buying an additional 50,360 shares in the last quarter. International Assets Investment Management LLC increased its stake in Invesco Aerospace & Defense ETF by 10,225.1% during the 3rd quarter. International Assets Investment Management LLC now owns 278,674 shares of the company’s stock valued at $32,039,000 after buying an additional 275,975 shares during the period. Finally, Cetera Investment Advisers raised its position in shares of Invesco Aerospace & Defense ETF by 8.2% during the 2nd quarter. Cetera Investment Advisers now owns 244,062 shares of the company’s stock worth $25,070,000 after buying an additional 18,544 shares in the last quarter.

Invesco Aerospace & Defense ETF Price Performance

NYSEARCA PPA opened at $122.21 on Friday. The firm has a market capitalization of $3.81 billion, a PE ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 12 month low of $89.74 and a 12 month high of $124.89. The company’s 50 day simple moving average is $118.02 and its 200 day simple moving average is $114.39.

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.