Eastern Bank Takes $46,000 Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Eastern Bank purchased a new stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 400 shares of the company’s stock, valued at approximately $46,000.

A number of other large investors have also made changes to their positions in the stock. Beacon Capital Management LLC grew its stake in 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 acquiring an additional 100 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Invesco Aerospace & Defense ETF in the 2nd quarter valued at about $42,000. EverSource Wealth Advisors LLC acquired a new stake in Invesco Aerospace & Defense ETF in the 1st quarter valued at about $54,000. ORG Partners LLC grew its stake in Invesco Aerospace & Defense ETF by 2,650.0% in the 3rd quarter. ORG Partners LLC now owns 550 shares of the company’s stock valued at $63,000 after acquiring an additional 530 shares during the last quarter. Finally, Signaturefd LLC grew its stake in 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 acquiring an additional 107 shares during the last quarter.

Invesco Aerospace & Defense ETF Price Performance

Invesco Aerospace & Defense ETF stock opened at $116.64 on Friday. Invesco Aerospace & Defense ETF has a 12-month low of $79.33 and a 12-month high of $120.16. The stock has a market capitalization of $3.63 billion, a P/E ratio of 33.87 and a beta of 0.73. The firm’s 50-day moving average is $113.88 and its two-hundred day moving average is $107.45.

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.