International Assets Investment Management LLC Has $32.04 Million Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

International Assets Investment Management LLC grew its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 10,225.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 278,674 shares of the company’s stock after purchasing an additional 275,975 shares during the period. International Assets Investment Management LLC’s holdings in Invesco Aerospace & Defense ETF were worth $32,039,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Kovack Advisors Inc. increased its position in shares of Invesco Aerospace & Defense ETF by 13.5% in the 1st quarter. Kovack Advisors Inc. now owns 2,486 shares of the company’s stock valued at $253,000 after buying an additional 295 shares in the last quarter. Great Valley Advisor Group Inc. raised its holdings in Invesco Aerospace & Defense ETF by 68.4% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 32,754 shares of the company’s stock worth $3,365,000 after buying an additional 13,308 shares during the period. Diversify Advisory Services LLC bought a new position in Invesco Aerospace & Defense ETF in the second quarter valued at approximately $230,000. PFG Investments LLC lifted its stake in Invesco Aerospace & Defense ETF by 23.1% in the second quarter. PFG Investments LLC now owns 7,882 shares of the company’s stock valued at $810,000 after buying an additional 1,480 shares in the last quarter. Finally, Prosperity Consulting Group LLC acquired a new position in shares of Invesco Aerospace & Defense ETF in the first quarter valued at approximately $207,000.

Invesco Aerospace & Defense ETF Stock Down 0.1 %

Shares of NYSEARCA:PPA opened at $116.56 on Tuesday. The firm has a market cap of $3.63 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 12 month low of $79.63 and a 12 month high of $120.16. The company’s fifty day simple moving average is $113.88 and its 200 day simple moving average is $107.50.

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.