Guardian Capital LLC Makes New $566,000 Investment in Invesco Aerospace & Defense ETF $PPA

Guardian Capital LLC bought a new position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,615 shares of the company’s stock, valued at approximately $566,000.

Several other large investors also recently added to or reduced their stakes in the business. Bank of America Corp DE grew its position in Invesco Aerospace & Defense ETF by 2.3% in the third quarter. Bank of America Corp DE now owns 7,668,214 shares of the company’s stock worth $1,192,024,000 after acquiring an additional 173,290 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Invesco Aerospace & Defense ETF by 2,760.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,817,263 shares of the company’s stock worth $441,268,000 after acquiring an additional 2,718,777 shares in the last quarter. UBS Group AG grew its position in Invesco Aerospace & Defense ETF by 5.9% in the third quarter. UBS Group AG now owns 825,841 shares of the company’s stock worth $128,377,000 after acquiring an additional 46,319 shares in the last quarter. HighTower Advisors LLC grew its position in Invesco Aerospace & Defense ETF by 8.2% in the third quarter. HighTower Advisors LLC now owns 536,086 shares of the company’s stock worth $83,338,000 after acquiring an additional 40,640 shares in the last quarter. Finally, Raymond James Financial Inc. grew its position in Invesco Aerospace & Defense ETF by 4.8% in the third quarter. Raymond James Financial Inc. now owns 460,471 shares of the company’s stock worth $71,580,000 after acquiring an additional 20,948 shares in the last quarter.

Invesco Aerospace & Defense ETF Trading Down 2.9%

Shares of Invesco Aerospace & Defense ETF stock opened at $164.59 on Friday. The firm has a fifty day simple moving average of $171.28 and a 200-day simple moving average of $166.68. Invesco Aerospace & Defense ETF has a 1-year low of $128.11 and a 1-year high of $186.30. The stock has a market capitalization of $7.87 billion, a price-to-earnings ratio of 30.91 and a beta of 0.72.

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. The modified market-cap portfolio is rebalanced quarterly and reconstituted annually. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.