Sigma Planning Corp Acquires 1,938 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Sigma Planning Corp grew its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 8.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 25,170 shares of the company’s stock after purchasing an additional 1,938 shares during the period. Sigma Planning Corp’s holdings in Invesco Aerospace & Defense ETF were worth $2,894,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of PPA. Valley Brook Capital Group Inc. raised its position in Invesco Aerospace & Defense ETF by 3.3% during the 3rd quarter. Valley Brook Capital Group Inc. now owns 2,781 shares of the company’s stock worth $320,000 after purchasing an additional 90 shares during the last quarter. XML Financial LLC increased its stake in shares of Invesco Aerospace & Defense ETF by 3.0% in the third quarter. XML Financial LLC now owns 3,205 shares of the company’s stock valued at $368,000 after buying an additional 92 shares during the period. Beacon Capital Management LLC increased its stake in shares of 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 buying an additional 100 shares during the period. Carr Financial Group Corp raised its position in shares of Invesco Aerospace & Defense ETF by 1.1% during the third quarter. Carr Financial Group Corp now owns 9,650 shares of the company’s stock worth $1,109,000 after acquiring an additional 102 shares during the last quarter. Finally, Signaturefd LLC lifted its stake in shares of Invesco Aerospace & Defense ETF by 19.2% in the second quarter. Signaturefd LLC now owns 664 shares of the company’s stock worth $68,000 after acquiring an additional 107 shares during the period.

Invesco Aerospace & Defense ETF Stock Performance

Invesco Aerospace & Defense ETF stock opened at $123.13 on Monday. The firm has a market cap of $3.84 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 $83.45 and a 52-week high of $123.58. The firm has a 50 day moving average price of $115.01 and a two-hundred day moving average price of $108.77.

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.