Rothschild Investment LLC Takes Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Rothschild Investment LLC acquired a new stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 1,075 shares of the company’s stock, valued at approximately $110,000.

A number of other institutional investors also recently made changes to their positions in the business. Beacon Capital Management LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 31.6% in the 1st quarter. Beacon Capital Management LLC now owns 416 shares of the company’s stock valued at $42,000 after purchasing an additional 100 shares in the last quarter. Signaturefd LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 19.2% in the 2nd quarter. Signaturefd LLC now owns 664 shares of the company’s stock valued at $68,000 after purchasing an additional 107 shares in the last quarter. Arkadios Wealth Advisors boosted its stake in shares of Invesco Aerospace & Defense ETF by 2.0% in the 1st quarter. Arkadios Wealth Advisors now owns 7,269 shares of the company’s stock valued at $738,000 after purchasing an additional 140 shares in the last quarter. XML Financial LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 6.6% in the 2nd quarter. XML Financial LLC now owns 3,113 shares of the company’s stock valued at $320,000 after purchasing an additional 192 shares in the last quarter. Finally, Jacobi Capital Management LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 2.4% in the 1st quarter. Jacobi Capital Management LLC now owns 9,042 shares of the company’s stock valued at $918,000 after purchasing an additional 209 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Performance

Shares of Invesco Aerospace & Defense ETF stock opened at $110.06 on Wednesday. Invesco Aerospace & Defense ETF has a 52-week low of $77.50 and a 52-week high of $113.60. The stock has a market capitalization of $3.43 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. The company has a fifty day moving average of $107.04 and a 200-day moving average of $103.32.

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.