National Bank of Canada FI raised its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) by 18.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 268,678 shares of the company’s stock after acquiring an additional 41,556 shares during the period. National Bank of Canada FI owned approximately 0.86% of Invesco Aerospace & Defense ETF worth $30,825,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Runnymede Capital Advisors Inc. acquired a new stake in Invesco Aerospace & Defense ETF in the 4th quarter worth about $25,000. Glass Jacobson Investment Advisors llc increased its holdings in shares of Invesco Aerospace & Defense ETF by 50.5% during the third quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock worth $35,000 after purchasing an additional 102 shares during the period. Continuum Advisory LLC raised its position in shares of Invesco Aerospace & Defense ETF by 47.6% in the third quarter. Continuum Advisory LLC now owns 465 shares of the company’s stock valued at $55,000 after buying an additional 150 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of Invesco Aerospace & Defense ETF by 41.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 584 shares of the company’s stock valued at $67,000 after buying an additional 172 shares during the period. Finally, Assetmark Inc. grew its position in Invesco Aerospace & Defense ETF by 29.9% during the fourth quarter. Assetmark Inc. now owns 608 shares of the company’s stock worth $70,000 after buying an additional 140 shares in the last quarter.
Invesco Aerospace & Defense ETF Price Performance
Invesco Aerospace & Defense ETF stock opened at $118.82 on Thursday. The firm has a market cap of $4.66 billion, a PE ratio of 28.07 and a beta of 0.95. The stock’s fifty day moving average price is $117.73 and its two-hundred day moving average price is $117.45. Invesco Aerospace & Defense ETF has a one year low of $97.64 and a one year high of $124.89.
Invesco Aerospace & Defense ETF Cuts Dividend
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.
Featured Stories
- Five stocks we like better than Invesco Aerospace & Defense ETF
- Quiet Period Expirations Explained
- Homebuilders in Freefall: Bargain Opportunity or Falling Knife?
- What is MarketRankā¢? How to Use it
- The 3 Most Talked About Investments on WallStreetBets Right Now
- Bank Stocks – Best Bank Stocks to Invest In
- Analyst Targets Signal More Growth in CrowdStrike Stock
Want to see what other hedge funds are holding PPA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report).
Receive News & Ratings for Invesco Aerospace & Defense ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Aerospace & Defense ETF and related companies with MarketBeat.com's FREE daily email newsletter.