Assetmark Inc. Acquires Shares of 468 Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Assetmark Inc. bought a new position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 468 shares of the company’s stock, valued at approximately $54,000.

Other institutional investors have also modified their holdings of the company. Presidio Capital Management LLC increased its holdings in Invesco Aerospace & Defense ETF by 3.1% during the 3rd quarter. Presidio Capital Management LLC now owns 75,224 shares of the company’s stock worth $8,649,000 after purchasing an additional 2,280 shares during the last quarter. Beacon Harbor Wealth Advisors Inc. grew its position in shares of Invesco Aerospace & Defense ETF by 0.4% during the third quarter. Beacon Harbor Wealth Advisors Inc. now owns 108,068 shares of the company’s stock worth $12,425,000 after buying an additional 403 shares in the last quarter. Valley Brook Capital Group Inc. grew its position in shares of Invesco Aerospace & Defense ETF by 3.3% during the third quarter. Valley Brook Capital Group Inc. now owns 2,781 shares of the company’s stock worth $320,000 after buying an additional 90 shares in the last quarter. Castle Wealth Management LLC increased its stake in shares of Invesco Aerospace & Defense ETF by 13.0% in the third quarter. Castle Wealth Management LLC now owns 41,108 shares of the company’s stock worth $4,726,000 after buying an additional 4,720 shares during the last quarter. Finally, Concurrent Investment Advisors LLC acquired a new stake in Invesco Aerospace & Defense ETF in the third quarter valued at $241,000.

Invesco Aerospace & Defense ETF Price Performance

NYSEARCA PPA opened at $117.12 on Tuesday. The company’s fifty day moving average price is $116.11 and its two-hundred day moving average price is $109.49. The company has a market capitalization of $3.65 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 12 month low of $86.25 and a 12 month high of $124.89.

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.