Uniting Wealth Partners LLC Buys Shares of 55,373 Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Uniting Wealth Partners LLC purchased a new position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 55,373 shares of the company’s stock, valued at approximately $6,353,000. Invesco Aerospace & Defense ETF makes up about 3.1% of Uniting Wealth Partners LLC’s investment portfolio, making the stock its 4th biggest holding.

A number of other large investors have also made changes to their positions in the company. FMR LLC increased its holdings in shares of Invesco Aerospace & Defense ETF by 26.6% in the third quarter. FMR LLC now owns 7,061 shares of the company’s stock worth $812,000 after acquiring an additional 1,482 shares in the last quarter. Captrust Financial Advisors increased its stake in Invesco Aerospace & Defense ETF by 8.0% during the 3rd quarter. Captrust Financial Advisors now owns 7,661 shares of the company’s stock worth $881,000 after purchasing an additional 569 shares in the last quarter. Benjamin Edwards Inc. bought a new stake in Invesco Aerospace & Defense ETF during the 3rd quarter worth approximately $647,000. Quantinno Capital Management LP raised its holdings in Invesco Aerospace & Defense ETF by 171.9% during the 3rd quarter. Quantinno Capital Management LP now owns 14,268 shares of the company’s stock worth $1,640,000 after buying an additional 9,020 shares during the period. Finally, National Bank of Canada FI lifted its stake in Invesco Aerospace & Defense ETF by 26.6% in the third quarter. National Bank of Canada FI now owns 227,122 shares of the company’s stock valued at $26,112,000 after buying an additional 47,703 shares in the last quarter.

Invesco Aerospace & Defense ETF Trading Up 1.3 %

PPA opened at $118.82 on Thursday. The stock has a market capitalization of $4.66 billion, a P/E ratio of 28.07 and a beta of 0.95. Invesco Aerospace & Defense ETF has a 12 month low of $97.64 and a 12 month high of $124.89. The firm’s fifty day simple moving average is $117.73 and its 200 day simple moving average is $117.45.

Invesco Aerospace & Defense ETF Cuts Dividend

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

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.