Lynx Investment Advisory Acquires Shares of 2,156 Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Lynx Investment Advisory acquired a new stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,156 shares of the company’s stock, valued at approximately $221,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Beacon Capital Management LLC increased its stake in Invesco Aerospace & Defense ETF by 31.6% during the 1st quarter. Beacon Capital Management LLC now owns 416 shares of the company’s stock valued at $42,000 after purchasing an additional 100 shares in the last quarter. New England Private Wealth Advisors LLC increased its stake in Invesco Aerospace & Defense ETF by 0.3% during the 4th quarter. New England Private Wealth Advisors LLC now owns 39,671 shares of the company’s stock valued at $3,656,000 after purchasing an additional 136 shares in the last quarter. Arkadios Wealth Advisors grew its stake in shares of Invesco Aerospace & Defense ETF by 2.0% in the first quarter. Arkadios Wealth Advisors now owns 7,269 shares of the company’s stock worth $738,000 after acquiring an additional 140 shares during the period. Allworth Financial LP grew its stake in shares of Invesco Aerospace & Defense ETF by 13.4% in the fourth quarter. Allworth Financial LP now owns 1,692 shares of the company’s stock worth $156,000 after acquiring an additional 200 shares during the period. Finally, Jacobi Capital Management LLC grew its stake in shares of Invesco Aerospace & Defense ETF by 2.4% in the first quarter. Jacobi Capital Management LLC now owns 9,042 shares of the company’s stock worth $918,000 after acquiring an additional 209 shares during the period.

Invesco Aerospace & Defense ETF Stock Performance

Shares of PPA stock traded up $0.81 during trading hours on Tuesday, reaching $104.13. The company had a trading volume of 190,922 shares, compared to its average volume of 147,264. The business has a fifty day moving average price of $104.49 and a 200-day moving average price of $100.86. Invesco Aerospace & Defense ETF has a one year low of $77.50 and a one year high of $110.26. The firm has a market cap of $3.24 billion, a PE 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.