KPP Advisory Services LLC Acquires 5,352 Shares of Invesco Aerospace & Defense ETF $PPA

KPP Advisory Services LLC raised its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 22.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,158 shares of the company’s stock after purchasing an additional 5,352 shares during the period. KPP Advisory Services LLC owned approximately 0.07% of Invesco Aerospace & Defense ETF worth $4,567,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of PPA. Bank of America Corp DE boosted its holdings in Invesco Aerospace & Defense ETF by 2.3% in the 3rd quarter. Bank of America Corp DE now owns 7,668,214 shares of the company’s stock valued at $1,192,024,000 after purchasing an additional 173,290 shares during the period. BNP Paribas Financial Markets boosted its holdings in Invesco Aerospace & Defense ETF by 533.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 190,000 shares of the company’s stock valued at $29,536,000 after purchasing an additional 160,000 shares during the period. Ameriprise Financial Inc. boosted its holdings in Invesco Aerospace & Defense ETF by 43.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 400,922 shares of the company’s stock valued at $62,303,000 after purchasing an additional 121,776 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Invesco Aerospace & Defense ETF by 66.6% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 246,697 shares of the company’s stock valued at $38,349,000 after purchasing an additional 98,597 shares during the period. Finally, Quadrature Capital Ltd bought a new stake in Invesco Aerospace & Defense ETF in the 3rd quarter valued at about $15,257,000.

Invesco Aerospace & Defense ETF Stock Performance

Shares of Invesco Aerospace & Defense ETF stock opened at $165.58 on Monday. The company has a 50 day moving average of $173.75 and a 200-day moving average of $165.97. Invesco Aerospace & Defense ETF has a 1-year low of $122.57 and a 1-year high of $186.30. The company has a market cap of $7.92 billion, a PE ratio of 30.91 and a beta of 0.73.

Invesco Aerospace & Defense ETF Company 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.