Thrivent Financial for Lutherans Acquires 2,009 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Thrivent Financial for Lutherans boosted its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 17.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,778 shares of the company’s stock after acquiring an additional 2,009 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Invesco Aerospace & Defense ETF were worth $1,581,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new position in Invesco Aerospace & Defense ETF during the fourth quarter valued at $63,049,000. Summit Trail Advisors LLC lifted its position in Invesco Aerospace & Defense ETF by 1.1% during the fourth quarter. Summit Trail Advisors LLC now owns 538,504 shares of the company’s stock valued at $61,783,000 after purchasing an additional 5,927 shares during the period. HighTower Advisors LLC increased its position in shares of Invesco Aerospace & Defense ETF by 6.0% in the fourth quarter. HighTower Advisors LLC now owns 496,264 shares of the company’s stock valued at $56,936,000 after buying an additional 27,992 shares in the last quarter. Capital Asset Advisory Services LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 2.1% in the fourth quarter. Capital Asset Advisory Services LLC now owns 347,703 shares of the company’s stock worth $40,226,000 after acquiring an additional 7,007 shares during the last quarter. Finally, National Bank of Canada FI lifted its stake in Invesco Aerospace & Defense ETF by 26.6% in the 3rd quarter. National Bank of Canada FI now owns 227,122 shares of the company’s stock worth $26,112,000 after purchasing an additional 47,703 shares in the last quarter.

Invesco Aerospace & Defense ETF Price Performance

Shares of PPA stock opened at $116.70 on Monday. Invesco Aerospace & Defense ETF has a 12 month low of $97.64 and a 12 month high of $124.89. The company has a market capitalization of $4.57 billion, a PE ratio of 28.07 and a beta of 0.95. The firm’s 50-day moving average is $117.99 and its two-hundred day moving average is $117.36.

Invesco Aerospace & Defense ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a $0.0489 dividend. The ex-dividend date was Monday, March 24th.

Invesco Aerospace & Defense ETF 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.