Private Advisor Group LLC Buys 13,640 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Private Advisor Group LLC grew its stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 25.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,007 shares of the company’s stock after purchasing an additional 13,640 shares during the quarter. Private Advisor Group LLC owned approximately 0.22% of Invesco Aerospace & Defense ETF worth $7,704,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of PPA. PNC Financial Services Group Inc. raised its position in shares of Invesco Aerospace & Defense ETF by 4.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,316 shares of the company’s stock valued at $490,000 after purchasing an additional 221 shares during the period. Brookstone Capital Management increased its position in Invesco Aerospace & Defense ETF by 22.9% during the first quarter. Brookstone Capital Management now owns 10,075 shares of the company’s stock worth $1,023,000 after acquiring an additional 1,879 shares during the period. Pettinga Financial Advisors LLC increased its position in Invesco Aerospace & Defense ETF by 91.8% during the first quarter. Pettinga Financial Advisors LLC now owns 6,195 shares of the company’s stock worth $629,000 after acquiring an additional 2,965 shares during the period. Miracle Mile Advisors LLC increased its position in Invesco Aerospace & Defense ETF by 7.6% during the first quarter. Miracle Mile Advisors LLC now owns 565,987 shares of the company’s stock worth $57,487,000 after acquiring an additional 40,150 shares during the period. Finally, Kovack Advisors Inc. increased its position in Invesco Aerospace & Defense ETF by 13.5% during the first quarter. Kovack Advisors Inc. now owns 2,486 shares of the company’s stock worth $253,000 after acquiring an additional 295 shares during the period.

Invesco Aerospace & Defense ETF Stock Performance

NYSEARCA:PPA opened at $116.64 on Friday. Invesco Aerospace & Defense ETF has a 52 week low of $79.33 and a 52 week high of $120.16. The firm has a market cap of $3.63 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. The firm’s 50-day simple moving average is $113.88 and its 200 day simple moving average is $107.40.

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.