Moneco Advisors LLC Boosts Stock Position in Invesco Aerospace & Defense ETF $PPA

Moneco Advisors LLC boosted its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 22.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,665 shares of the company’s stock after purchasing an additional 3,246 shares during the quarter. Moneco Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $2,767,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of PPA. Goldman Sachs Group Inc. grew its position in shares of Invesco Aerospace & Defense ETF by 208.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 30,874 shares of the company’s stock worth $3,598,000 after acquiring an additional 20,869 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Invesco Aerospace & Defense ETF by 14.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 38,989 shares of the company’s stock worth $5,524,000 after acquiring an additional 4,915 shares in the last quarter. Walleye Capital LLC acquired a new position in shares of Invesco Aerospace & Defense ETF in the 2nd quarter worth approximately $318,000. Cerity Partners LLC grew its position in shares of Invesco Aerospace & Defense ETF by 24.6% in the 2nd quarter. Cerity Partners LLC now owns 23,863 shares of the company’s stock worth $3,384,000 after acquiring an additional 4,706 shares in the last quarter. Finally, Qube Research & Technologies Ltd grew its position in shares of Invesco Aerospace & Defense ETF by 19.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 19,844 shares of the company’s stock worth $2,812,000 after acquiring an additional 3,294 shares in the last quarter.

Invesco Aerospace & Defense ETF Trading Down 0.1%

Shares of PPA opened at $169.50 on Thursday. The firm has a market cap of $8.11 billion, a price-to-earnings ratio of 30.91 and a beta of 0.72. The stock has a 50 day moving average of $171.92 and a 200-day moving average of $166.62. Invesco Aerospace & Defense ETF has a 52 week low of $127.75 and a 52 week high of $186.30.

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.