Wealthcare Advisory Partners LLC Increases Stock Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Wealthcare Advisory Partners LLC lifted its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 3.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,444 shares of the company’s stock after purchasing an additional 354 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Invesco Aerospace & Defense ETF were worth $1,313,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Howe & Rusling Inc. acquired a new position in Invesco Aerospace & Defense ETF in the 3rd quarter valued at $27,000. Glass Jacobson Investment Advisors llc boosted its holdings in shares of Invesco Aerospace & Defense ETF by 50.5% in the third quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock valued at $35,000 after acquiring an additional 102 shares in the last quarter. Eastern Bank acquired a new position in shares of Invesco Aerospace & Defense ETF during the third quarter worth about $46,000. Assetmark Inc. purchased a new position in Invesco Aerospace & Defense ETF during the third quarter worth about $54,000. Finally, Continuum Advisory LLC lifted its position in 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 purchasing an additional 150 shares during the period.

Invesco Aerospace & Defense ETF Trading Up 0.7 %

Shares of PPA opened at $119.51 on Friday. The stock’s 50 day moving average is $117.95 and its two-hundred day moving average is $113.72. Invesco Aerospace & Defense ETF has a twelve month low of $89.17 and a twelve month high of $124.89. The firm has a market capitalization of $3.72 billion, a PE ratio of 33.87 and a beta of 0.73.

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.