Outlook Wealth Advisors LLC increased its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) by 37.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,455 shares of the company’s stock after purchasing an additional 4,471 shares during the quarter. Invesco Aerospace & Defense ETF accounts for approximately 0.6% of Outlook Wealth Advisors LLC’s investment portfolio, making the stock its 28th largest holding. Outlook Wealth Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $2,332,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Kestra Private Wealth Services LLC boosted its holdings in shares of Invesco Aerospace & Defense ETF by 19.7% in the 1st quarter. Kestra Private Wealth Services LLC now owns 2,567 shares of the company’s stock valued at $299,000 after acquiring an additional 422 shares during the last quarter. Adapt Wealth Advisors LLC lifted its position in Invesco Aerospace & Defense ETF by 3.2% during the second quarter. Adapt Wealth Advisors LLC now owns 74,131 shares of the company’s stock valued at $10,504,000 after purchasing an additional 2,303 shares during the period. Avantax Advisory Services Inc. boosted its holdings in Invesco Aerospace & Defense ETF by 15.0% in the first quarter. Avantax Advisory Services Inc. now owns 2,815 shares of the company’s stock valued at $328,000 after purchasing an additional 367 shares during the last quarter. ORG Partners LLC grew its position in Invesco Aerospace & Defense ETF by 54.0% during the 2nd quarter. ORG Partners LLC now owns 2,913 shares of the company’s stock worth $407,000 after purchasing an additional 1,021 shares during the period. Finally, Advisors Capital Management LLC purchased a new position in shares of Invesco Aerospace & Defense ETF during the 2nd quarter valued at about $355,000.
Invesco Aerospace & Defense ETF Stock Down 0.4%
Shares of PPA stock opened at $149.01 on Wednesday. Invesco Aerospace & Defense ETF has a 52-week low of $100.39 and a 52-week high of $160.37. The stock has a market cap of $6.48 billion, a PE ratio of 30.91 and a beta of 0.87. The business has a 50-day simple moving average of $154.08 and a 200-day simple moving average of $145.02.
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.
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