National Bank of Canada FI Grows Stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

National Bank of Canada FI increased its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 17.1% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 116,416 shares of the company’s stock after buying an additional 17,040 shares during the period. National Bank of Canada FI owned 0.50% of Invesco Aerospace & Defense ETF worth $10,644,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Axxcess Wealth Management LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 43.7% during the fourth quarter. Axxcess Wealth Management LLC now owns 330,381 shares of the company’s stock valued at $30,448,000 after purchasing an additional 100,449 shares during the period. M&T Bank Corp increased its holdings in Invesco Aerospace & Defense ETF by 6.3% during the 4th quarter. M&T Bank Corp now owns 5,846 shares of the company’s stock valued at $539,000 after purchasing an additional 346 shares during the period. Benjamin F. Edwards & Company Inc. increased its holdings in Invesco Aerospace & Defense ETF by 8.7% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 2,639 shares of the company’s stock valued at $243,000 after purchasing an additional 212 shares during the period. Beacon Harbor Wealth Advisors Inc. purchased a new stake in Invesco Aerospace & Defense ETF in the fourth quarter worth $9,603,000. Finally, Essex Financial Services Inc. bought a new stake in shares of Invesco Aerospace & Defense ETF during the 4th quarter valued at about $257,000.

Invesco Aerospace & Defense ETF Price Performance

NYSEARCA:PPA opened at $104.28 on Thursday. Invesco Aerospace & Defense ETF has a one year low of $77.17 and a one year high of $104.36. The firm has a market capitalization of $3.16 billion, a P/E ratio of 32.60 and a beta of 0.74. The company’s 50-day simple moving average is $100.11 and its 200 day simple moving average is $93.25.

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.