Assetmark Inc. Makes New $54,000 Investment in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Assetmark Inc. bought a new position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the third quarter, HoldingsChannel reports. The institutional investor bought 468 shares of the company’s stock, valued at approximately $54,000.

Several other large investors have also made changes to their positions in the company. BNP Paribas Financial Markets bought a new stake in Invesco Aerospace & Defense ETF during the 1st quarter worth about $233,000. Envestnet Portfolio Solutions Inc. acquired a new position in Invesco Aerospace & Defense ETF in the first quarter valued at approximately $241,000. SG Americas Securities LLC acquired a new position in Invesco Aerospace & Defense ETF in the first quarter valued at approximately $383,000. Kingsview Wealth Management LLC boosted its stake in Invesco Aerospace & Defense ETF by 27.4% in the first quarter. Kingsview Wealth Management LLC now owns 3,165 shares of the company’s stock valued at $321,000 after acquiring an additional 681 shares during the last quarter. Finally, Blair William & Co. IL grew its holdings in Invesco Aerospace & Defense ETF by 1,770.7% during the 1st quarter. Blair William & Co. IL now owns 8,549 shares of the company’s stock worth $868,000 after acquiring an additional 8,092 shares during the period.

Invesco Aerospace & Defense ETF Stock Performance

Shares of Invesco Aerospace & Defense ETF stock opened at $117.12 on Tuesday. Invesco Aerospace & Defense ETF has a 52 week low of $86.25 and a 52 week high of $124.89. The stock has a market capitalization of $3.65 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. The firm has a fifty day moving average of $116.11 and a two-hundred day moving average of $109.49.

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.