8,075 Shares in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Purchased by &Partners

&Partners acquired a new position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 8,075 shares of the company’s stock, valued at approximately $820,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PPA. GAMMA Investing LLC acquired a new position in shares of Invesco Aerospace & Defense ETF during the 4th quarter worth about $39,000. Creekmur Asset Management LLC bought a new position in shares of Invesco Aerospace & Defense ETF during the 4th quarter valued at about $44,000. Atlantic Edge Private Wealth Management LLC bought a new position in shares of Invesco Aerospace & Defense ETF during the 4th quarter valued at about $55,000. Tyler Stone Wealth Management lifted its holdings in shares of Invesco Aerospace & Defense ETF by 18.4% during the 3rd quarter. Tyler Stone Wealth Management now owns 779 shares of the company’s stock valued at $62,000 after purchasing an additional 121 shares in the last quarter. Finally, Ancora Advisors LLC lifted its holdings in shares of Invesco Aerospace & Defense ETF by 40.1% during the 3rd quarter. Ancora Advisors LLC now owns 874 shares of the company’s stock valued at $70,000 after purchasing an additional 250 shares in the last quarter.

Invesco Aerospace & Defense ETF Price Performance

NYSEARCA:PPA opened at $103.94 on Monday. Invesco Aerospace & Defense ETF has a fifty-two week low of $77.50 and a fifty-two week high of $105.81. The stock has a market capitalization of $3.24 billion, a PE ratio of 33.87 and a beta of 0.73. The business’s 50-day simple moving average is $103.03 and its 200-day simple moving average is $97.66.

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.