Wealth Enhancement Advisory Services LLC Has $666,000 Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Wealth Enhancement Advisory Services LLC grew its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 44.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,796 shares of the company’s stock after buying an additional 1,782 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Invesco Aerospace & Defense ETF were worth $666,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. 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 valued at $42,000 after buying an additional 100 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Invesco Aerospace & Defense ETF during the second quarter valued at $42,000. Eastern Bank acquired a new stake in shares of Invesco Aerospace & Defense ETF in the 3rd quarter valued at $46,000. EverSource Wealth Advisors LLC bought a new stake in shares of Invesco Aerospace & Defense ETF in the 1st quarter worth about $54,000. Finally, ORG Partners LLC increased its position in shares of Invesco Aerospace & Defense ETF by 2,650.0% during the 3rd quarter. ORG Partners LLC now owns 550 shares of the company’s stock worth $63,000 after purchasing an additional 530 shares in the last quarter.

Invesco Aerospace & Defense ETF Price Performance

NYSEARCA PPA opened at $119.64 on Friday. The stock’s 50 day simple moving average is $114.81 and its 200 day simple moving average is $108.49. Invesco Aerospace & Defense ETF has a one year low of $83.32 and a one year high of $120.89. The firm has a market cap of $3.73 billion, a PE ratio of 33.87 and a beta of 0.73.

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.