Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Get Free Report) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as $113.61 and last traded at $113.55, with a volume of 44277 shares. The stock had previously closed at $113.20.
Invesco Aerospace & Defense ETF Stock Down 0.1 %
The firm’s fifty day simple moving average is $108.87 and its 200-day simple moving average is $104.41. The company has a market cap of $3.52 billion, a PE ratio of 33.87 and a beta of 0.73.
Institutional Investors Weigh In On Invesco Aerospace & Defense ETF
Large investors have recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Invesco Aerospace & Defense ETF during the second quarter worth approximately $42,000. Beacon Capital Management LLC boosted its stake in Invesco Aerospace & Defense ETF by 31.6% in the 1st quarter. Beacon Capital Management LLC now owns 416 shares of the company’s stock worth $42,000 after buying an additional 100 shares during the last quarter. Creekmur Asset Management LLC purchased a new stake in Invesco Aerospace & Defense ETF in the 4th quarter valued at about $44,000. EverSource Wealth Advisors LLC acquired a new position in shares of Invesco Aerospace & Defense ETF during the 1st quarter valued at about $54,000. Finally, Signaturefd LLC lifted its holdings in shares of Invesco Aerospace & Defense ETF by 19.2% during the 2nd quarter. Signaturefd LLC now owns 664 shares of the company’s stock worth $68,000 after acquiring an additional 107 shares during the period.
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.
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