McNaughton Wealth Management LLC Has $5.11 Million Holdings in Invesco Aerospace & Defense ETF $PPA

McNaughton Wealth Management LLC boosted its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 16.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,938 shares of the company’s stock after buying an additional 4,145 shares during the period. Invesco Aerospace & Defense ETF makes up approximately 1.8% of McNaughton Wealth Management LLC’s investment portfolio, making the stock its 17th largest position. McNaughton Wealth Management LLC’s holdings in Invesco Aerospace & Defense ETF were worth $5,112,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. EPG Wealth Management LLC bought a new position in Invesco Aerospace & Defense ETF in the fourth quarter valued at about $31,000. Y.D. More Investments Ltd grew its stake in shares of Invesco Aerospace & Defense ETF by 720.0% during the fourth quarter. Y.D. More Investments Ltd now owns 205 shares of the company’s stock worth $32,000 after buying an additional 180 shares during the last quarter. Binnacle Investments Inc increased its holdings in shares of Invesco Aerospace & Defense ETF by 84.2% during the second quarter. Binnacle Investments Inc now owns 210 shares of the company’s stock worth $30,000 after buying an additional 96 shares in the last quarter. Bayban acquired a new position in shares of Invesco Aerospace & Defense ETF during the fourth quarter worth $38,000. Finally, High Point Wealth Management LLC bought a new position in shares of Invesco Aerospace & Defense ETF in the 4th quarter valued at $41,000.

Invesco Aerospace & Defense ETF Stock Down 0.0%

NYSEARCA PPA opened at $183.47 on Thursday. The company has a market cap of $8.69 billion, a price-to-earnings ratio of 30.91 and a beta of 0.74. Invesco Aerospace & Defense ETF has a twelve month low of $143.44 and a twelve month high of $186.30. The business’s fifty day moving average is $174.36 and its 200 day moving average is $173.78.

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.