3,026 Shares in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Purchased by Central Valley Advisors LLC

Central Valley Advisors LLC bought a new stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the third quarter, Holdings Channel reports. The fund bought 3,026 shares of the company’s stock, valued at approximately $348,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Invesco Aerospace & Defense ETF during the 2nd quarter valued at $42,000. Beacon Capital Management LLC raised its position in Invesco Aerospace & Defense ETF by 31.6% in the first quarter. Beacon Capital Management LLC now owns 416 shares of the company’s stock valued at $42,000 after purchasing an additional 100 shares during the period. Creekmur Asset Management LLC acquired a new position in shares of Invesco Aerospace & Defense ETF during the fourth quarter worth about $44,000. EverSource Wealth Advisors LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF in the first quarter worth about $54,000. Finally, Signaturefd LLC boosted its position in shares of Invesco Aerospace & Defense ETF by 19.2% in the second quarter. Signaturefd LLC now owns 664 shares of the company’s stock worth $68,000 after buying an additional 107 shares during the period.

Invesco Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA:PPA traded up $1.27 during mid-day trading on Friday, hitting $116.38. 216,306 shares of the company traded hands, compared to its average volume of 166,742. The firm’s 50 day simple moving average is $110.80 and its 200 day simple moving average is $105.63. The firm has a market cap of $3.63 billion, a P/E ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 52-week low of $77.50 and a 52-week high of $116.51.

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.