1,850 Shares in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Purchased by McCollum Christoferson Group LLC

McCollum Christoferson Group LLC acquired a new stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 1,850 shares of the company’s stock, valued at approximately $212,000.

A number of other hedge funds also recently bought and sold shares of PPA. Park Avenue Securities LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF in the fourth quarter valued at approximately $935,000. FMR LLC boosted its stake in Invesco Aerospace & Defense ETF by 26.6% during the third quarter. FMR LLC now owns 7,061 shares of the company’s stock worth $812,000 after buying an additional 1,482 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Invesco Aerospace & Defense ETF by 87.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,218 shares of the company’s stock valued at $1,865,000 after buying an additional 7,555 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Invesco Aerospace & Defense ETF by 7.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 91,667 shares of the company’s stock worth $10,517,000 after acquiring an additional 6,648 shares during the last quarter. Finally, Zacks Investment Management raised its holdings in shares of Invesco Aerospace & Defense ETF by 5.1% during the 3rd quarter. Zacks Investment Management now owns 2,627 shares of the company’s stock worth $302,000 after acquiring an additional 127 shares during the period.

Invesco Aerospace & Defense ETF Trading Down 0.6 %

Shares of PPA opened at $117.52 on Monday. Invesco Aerospace & Defense ETF has a 12-month low of $97.64 and a 12-month high of $124.89. The firm has a market capitalization of $4.63 billion, a P/E ratio of 27.08 and a beta of 0.95. The firm has a 50-day moving average price of $117.84 and a 200 day moving average price of $117.02.

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.