J.W. Cole Advisors Inc. Acquires 1,665 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

J.W. Cole Advisors Inc. increased its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 7.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 25,462 shares of the company’s stock after purchasing an additional 1,665 shares during the period. J.W. Cole Advisors Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $2,586,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PPA. GAMMA Investing LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF during the fourth quarter valued at $39,000. Creekmur Asset Management LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF during the fourth quarter valued at $44,000. Atlantic Edge Private Wealth Management LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF during the fourth quarter valued at $55,000. Ancora Advisors LLC boosted its position in shares of Invesco Aerospace & Defense ETF by 40.1% during the third quarter. Ancora Advisors LLC now owns 874 shares of the company’s stock valued at $70,000 after buying an additional 250 shares during the last quarter. Finally, WealthShield Partners LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF during the fourth quarter valued at $79,000.

Invesco Aerospace & Defense ETF Price Performance

Shares of Invesco Aerospace & Defense ETF stock traded down $0.52 during trading on Friday, hitting $102.82. 70,237 shares of the company’s stock traded hands, compared to its average volume of 147,832. Invesco Aerospace & Defense ETF has a 1 year low of $77.50 and a 1 year high of $105.81. The business has a 50-day simple moving average of $103.75 and a 200-day simple moving average of $98.36. The stock has a market capitalization of $3.20 billion, a P/E ratio of 33.87 and a beta of 0.73.

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.