Pettinga Financial Advisors LLC Acquires 2,965 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Pettinga Financial Advisors LLC increased its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 91.8% in the first quarter, according to its most recent filing with the SEC. The fund owned 6,195 shares of the company’s stock after acquiring an additional 2,965 shares during the period. Pettinga Financial Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $629,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. GAMMA Investing LLC bought a new stake in Invesco Aerospace & Defense ETF during the 4th quarter valued at $39,000. Creekmur Asset Management LLC bought a new stake in Invesco Aerospace & Defense ETF during the 4th quarter valued at $44,000. Atlantic Edge Private Wealth Management LLC bought a new stake in Invesco Aerospace & Defense ETF during the 4th quarter valued at $55,000. WealthShield Partners LLC bought a new stake in Invesco Aerospace & Defense ETF during the 4th quarter valued at $79,000. Finally, Ancora Advisors LLC raised its position in 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 Stock Down 0.4 %

Shares of NYSEARCA PPA opened at $102.72 on Monday. The business has a fifty day simple moving average of $103.51 and a two-hundred day simple moving average of $98.13. The firm has a market cap of $3.20 billion, a PE ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a twelve month low of $77.50 and a twelve month high of $105.81.

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.