Wealthcare Advisory Partners LLC Raises Stock Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Wealthcare Advisory Partners LLC lifted its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 3.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,444 shares of the company’s stock after acquiring an additional 354 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Invesco Aerospace & Defense ETF were worth $1,313,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of PPA. Armstrong Advisory Group Inc. boosted its position in Invesco Aerospace & Defense ETF by 6.7% during the fourth quarter. Armstrong Advisory Group Inc. now owns 3,376 shares of the company’s stock worth $387,000 after purchasing an additional 211 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Invesco Aerospace & Defense ETF by 41.7% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 584 shares of the company’s stock worth $67,000 after buying an additional 172 shares during the last quarter. Park Avenue Securities LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF in the 4th quarter worth about $935,000. Brookstone Capital Management grew its stake in Invesco Aerospace & Defense ETF by 4.6% in the 4th quarter. Brookstone Capital Management now owns 12,537 shares of the company’s stock valued at $1,438,000 after acquiring an additional 552 shares during the last quarter. Finally, EWG Elevate Inc. acquired a new stake in Invesco Aerospace & Defense ETF in the 4th quarter valued at about $296,000.

Invesco Aerospace & Defense ETF Trading Up 0.7 %

Shares of PPA opened at $119.51 on Friday. Invesco Aerospace & Defense ETF has a 12-month low of $89.17 and a 12-month high of $124.89. The stock has a market cap of $3.72 billion, a P/E ratio of 33.87 and a beta of 0.73. The company has a 50-day moving average of $117.95 and a two-hundred day moving average of $113.72.

Invesco Aerospace & Defense ETF 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.