Corient Private Wealth LLC Increases Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Corient Private Wealth LLC raised its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 2,892.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 57,453 shares of the company’s stock after acquiring an additional 55,533 shares during the period. Corient Private Wealth LLC’s holdings in Invesco Aerospace & Defense ETF were worth $6,592,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. LPL Financial LLC increased its holdings in shares of Invesco Aerospace & Defense ETF by 1.5% in the third quarter. LPL Financial LLC now owns 1,392,972 shares of the company’s stock valued at $160,150,000 after purchasing an additional 20,169 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Invesco Aerospace & Defense ETF in the 4th quarter worth $63,049,000. Summit Trail Advisors LLC raised its holdings in shares of Invesco Aerospace & Defense ETF by 1.1% during the 4th quarter. Summit Trail Advisors LLC now owns 538,504 shares of the company’s stock worth $61,783,000 after acquiring an additional 5,927 shares during the period. HighTower Advisors LLC boosted its position in shares of Invesco Aerospace & Defense ETF by 6.0% during the 4th quarter. HighTower Advisors LLC now owns 496,264 shares of the company’s stock valued at $56,936,000 after acquiring an additional 27,992 shares during the last quarter. Finally, Capital Asset Advisory Services LLC grew its holdings in shares of Invesco Aerospace & Defense ETF by 2.1% in the fourth quarter. Capital Asset Advisory Services LLC now owns 347,703 shares of the company’s stock valued at $40,226,000 after purchasing an additional 7,007 shares during the period.

Invesco Aerospace & Defense ETF Trading Down 0.9 %

Invesco Aerospace & Defense ETF stock opened at $118.26 on Friday. The stock has a market cap of $4.66 billion, a P/E ratio of 27.08 and a beta of 0.95. The company has a 50-day moving average price of $117.78 and a 200 day moving average price of $116.90. Invesco Aerospace & Defense ETF has a 12-month low of $97.64 and a 12-month high of $124.89.

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.