Hollow Brook Wealth Management LLC Raises Stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Hollow Brook Wealth Management LLC increased its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 7.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 71,090 shares of the company’s stock after buying an additional 5,013 shares during the period. Invesco Aerospace & Defense ETF accounts for about 2.4% of Hollow Brook Wealth Management LLC’s portfolio, making the stock its 8th largest holding. Hollow Brook Wealth Management LLC owned 0.23% of Invesco Aerospace & Defense ETF worth $8,173,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Beck Capital Management LLC grew its position in Invesco Aerospace & Defense ETF by 0.7% in the third quarter. Beck Capital Management LLC now owns 70,027 shares of the company’s stock valued at $8,051,000 after acquiring an additional 457 shares during the last quarter. Benjamin Edwards Inc. bought a new position in Invesco Aerospace & Defense ETF in the third quarter valued at about $647,000. Captrust Financial Advisors boosted its stake in shares of Invesco Aerospace & Defense ETF by 8.0% during the third quarter. Captrust Financial Advisors now owns 7,661 shares of the company’s stock valued at $881,000 after purchasing an additional 569 shares in the last quarter. National Wealth Management Group LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 2.2% during the third quarter. National Wealth Management Group LLC now owns 5,393 shares of the company’s stock valued at $620,000 after purchasing an additional 116 shares in the last quarter. Finally, FMR LLC raised its holdings in Invesco Aerospace & Defense ETF by 26.6% in the 3rd quarter. FMR LLC now owns 7,061 shares of the company’s stock valued at $812,000 after buying an additional 1,482 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Up 0.8 %

Shares of NYSEARCA PPA opened at $121.39 on Monday. The firm has a fifty day simple moving average of $117.76 and a 200 day simple moving average of $110.59. Invesco Aerospace & Defense ETF has a twelve month low of $86.88 and a twelve month high of $124.89. The company has a market capitalization of $3.78 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.