Ausdal Financial Partners Inc. Acquires 696 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Ausdal Financial Partners Inc. boosted its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 7.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,540 shares of the company’s stock after purchasing an additional 696 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $1,095,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Glass Jacobson Investment Advisors llc grew its stake in Invesco Aerospace & Defense ETF by 50.5% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock valued at $35,000 after buying an additional 102 shares during the last quarter. National Wealth Management Group LLC grew its position in shares of Invesco Aerospace & Defense ETF by 2.2% in the third quarter. National Wealth Management Group LLC now owns 5,393 shares of the company’s stock valued at $620,000 after purchasing an additional 116 shares during the last quarter. American Institute for Advanced Investment Management LLP increased its stake in shares of Invesco Aerospace & Defense ETF by 0.8% during the fourth quarter. American Institute for Advanced Investment Management LLP now owns 14,541 shares of the company’s stock worth $1,668,000 after purchasing an additional 121 shares during the period. Zacks Investment Management lifted its holdings in Invesco Aerospace & Defense ETF by 5.1% during the 3rd quarter. Zacks Investment Management now owns 2,627 shares of the company’s stock worth $302,000 after purchasing an additional 127 shares during the last quarter. Finally, Assetmark Inc. boosted its stake in Invesco Aerospace & Defense ETF by 29.9% in the 4th quarter. Assetmark Inc. now owns 608 shares of the company’s stock valued at $70,000 after purchasing an additional 140 shares during the period.

Invesco Aerospace & Defense ETF Price Performance

Shares of NYSEARCA PPA opened at $119.46 on Thursday. Invesco Aerospace & Defense ETF has a one year low of $97.64 and a one year high of $124.89. The firm has a market cap of $4.71 billion, a price-to-earnings ratio of 27.08 and a beta of 0.95. The stock’s fifty day moving average price is $118.04 and its two-hundred day moving average price is $117.20.

Invesco Aerospace & Defense ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be given a dividend of $0.0489 per share. The ex-dividend date is Monday, March 24th.

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.