33,127 Shares in Invesco Aerospace & Defense ETF $PPA Bought by Fischer Investment Strategies LLC

Fischer Investment Strategies LLC bought a new stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 33,127 shares of the company’s stock, valued at approximately $5,489,000. Invesco Aerospace & Defense ETF comprises approximately 3.2% of Fischer Investment Strategies LLC’s investment portfolio, making the stock its 8th biggest holding. Fischer Investment Strategies LLC owned 0.07% of Invesco Aerospace & Defense ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Ashton Thomas Securities LLC acquired a new stake in Invesco Aerospace & Defense ETF during the fourth quarter worth about $1,919,000. Western Wealth Management LLC lifted its position in shares of Invesco Aerospace & Defense ETF by 59.7% in the 4th quarter. Western Wealth Management LLC now owns 13,152 shares of the company’s stock worth $2,060,000 after acquiring an additional 4,917 shares during the period. Kovack Advisors Inc. grew its holdings in shares of Invesco Aerospace & Defense ETF by 964.9% during the 4th quarter. Kovack Advisors Inc. now owns 43,084 shares of the company’s stock worth $6,748,000 after purchasing an additional 39,038 shares in the last quarter. Kestra Private Wealth Services LLC increased its position in shares of Invesco Aerospace & Defense ETF by 50.9% during the fourth quarter. Kestra Private Wealth Services LLC now owns 12,176 shares of the company’s stock valued at $1,907,000 after purchasing an additional 4,105 shares during the period. Finally, Brookwood Investment Group LLC acquired a new position in shares of Invesco Aerospace & Defense ETF in the fourth quarter valued at $535,000.

Invesco Aerospace & Defense ETF Trading Up 1.0%

Shares of NYSEARCA PPA opened at $174.44 on Friday. The firm has a market capitalization of $8.26 billion, a price-to-earnings ratio of 30.91 and a beta of 0.73. Invesco Aerospace & Defense ETF has a one year low of $142.07 and a one year high of $186.30. The business has a fifty day simple moving average of $173.81 and a 200 day simple moving average of $173.68.

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.