Rothschild Investment LLC acquired a new stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) 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.
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