Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Shares Bought by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans grew its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 17.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 13,778 shares of the company’s stock after buying an additional 2,009 shares during the period. Thrivent Financial for Lutherans’ holdings in Invesco Aerospace & Defense ETF were worth $1,581,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Glass Jacobson Investment Advisors llc boosted its holdings in Invesco Aerospace & Defense ETF by 50.5% during the third quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock valued at $35,000 after purchasing an additional 102 shares in the last quarter. Continuum Advisory LLC increased its position in shares of Invesco Aerospace & Defense ETF by 47.6% in the 3rd quarter. Continuum Advisory LLC now owns 465 shares of the company’s stock valued at $55,000 after buying an additional 150 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its stake in 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 purchasing an additional 172 shares in the last quarter. Assetmark Inc. boosted its position in Invesco Aerospace & Defense ETF by 29.9% during the 4th quarter. Assetmark Inc. now owns 608 shares of the company’s stock worth $70,000 after acquiring an additional 140 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. boosted its holdings in shares of Invesco Aerospace & Defense ETF by 29.7% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 637 shares of the company’s stock valued at $73,000 after buying an additional 146 shares during the last quarter.

Invesco Aerospace & Defense ETF Price Performance

Shares of Invesco Aerospace & Defense ETF stock opened at $116.70 on Monday. The business has a fifty day simple moving average of $117.99 and a two-hundred day simple moving average of $117.36. Invesco Aerospace & Defense ETF has a 1 year low of $97.64 and a 1 year high of $124.89. The company has a market capitalization of $4.57 billion, a price-to-earnings ratio of 28.07 and a beta of 0.95.

Invesco Aerospace & Defense ETF Cuts Dividend

The business also recently declared 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 was Monday, March 24th.

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.