Harbour Investments Inc. raised its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) by 2.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,544 shares of the company’s stock after purchasing an additional 224 shares during the quarter. Harbour Investments Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $982,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Eastern Bank purchased a new stake in Invesco Aerospace & Defense ETF in the third quarter valued at approximately $46,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Invesco Aerospace & Defense ETF in the second quarter valued at approximately $42,000. Beacon Capital Management LLC raised its position in Invesco Aerospace & Defense ETF by 31.6% in the first quarter. Beacon Capital Management LLC now owns 416 shares of the company’s stock valued at $42,000 after purchasing an additional 100 shares during the period. Assetmark Inc. purchased a new stake in Invesco Aerospace & Defense ETF in the third quarter valued at approximately $54,000. Finally, EverSource Wealth Advisors LLC purchased a new stake in Invesco Aerospace & Defense ETF in the first quarter valued at approximately $54,000.
Invesco Aerospace & Defense ETF Stock Down 3.6 %
Shares of NYSEARCA PPA opened at $118.61 on Friday. The firm has a market cap of $3.69 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 52-week low of $85.89 and a 52-week high of $124.89. The business’s 50 day moving average is $115.74 and its two-hundred day moving average is $109.20.
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.
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