Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Shares Purchased by Truist Financial Corp

Truist Financial Corp grew its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 9.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 112,797 shares of the company’s stock after acquiring an additional 9,356 shares during the quarter. Truist Financial Corp owned about 0.36% of Invesco Aerospace & Defense ETF worth $11,587,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Cetera Investment Advisers increased its holdings in shares of Invesco Aerospace & Defense ETF by 1,146.0% during the first quarter. Cetera Investment Advisers now owns 225,518 shares of the company’s stock valued at $22,906,000 after purchasing an additional 207,419 shares during the period. Greenlight Capital Inc. acquired a new position in Invesco Aerospace & Defense ETF during the 4th quarter valued at about $17,098,000. LPL Financial LLC raised its position in shares of Invesco Aerospace & Defense ETF by 15.6% during the 2nd quarter. LPL Financial LLC now owns 1,372,803 shares of the company’s stock worth $141,014,000 after buying an additional 184,961 shares in the last quarter. National Bank of Canada FI raised its position in shares of Invesco Aerospace & Defense ETF by 62.9% during the 2nd quarter. National Bank of Canada FI now owns 179,419 shares of the company’s stock worth $18,287,000 after buying an additional 69,290 shares in the last quarter. Finally, Cetera Advisors LLC lifted its stake in shares of Invesco Aerospace & Defense ETF by 250.9% in the 1st quarter. Cetera Advisors LLC now owns 93,575 shares of the company’s stock worth $9,504,000 after acquiring an additional 66,907 shares during the period.

Invesco Aerospace & Defense ETF Price Performance

NYSEARCA PPA opened at $116.38 on Friday. Invesco Aerospace & Defense ETF has a 12 month low of $77.50 and a 12 month high of $116.51. The firm has a market capitalization of $3.63 billion, a PE ratio of 33.87 and a beta of 0.73. The company’s 50 day simple moving average is $110.80 and its 200 day simple moving average is $105.68.

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.