Steward Partners Investment Advisory LLC Purchases 1,899 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Steward Partners Investment Advisory LLC raised its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 3.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,445 shares of the company’s stock after acquiring an additional 1,899 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Invesco Aerospace & Defense ETF were worth $5,902,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Keystone Wealth Services LLC lifted its holdings in shares of Invesco Aerospace & Defense ETF by 44.6% during the 4th quarter. Keystone Wealth Services LLC now owns 11,686 shares of the company’s stock valued at $1,341,000 after purchasing an additional 3,607 shares during the last quarter. Jones Financial Companies Lllp raised its stake in Invesco Aerospace & Defense ETF by 83.4% in the fourth quarter. Jones Financial Companies Lllp now owns 42,987 shares of the company’s stock valued at $4,932,000 after buying an additional 19,547 shares during the last quarter. Kovack Advisors Inc. boosted its holdings in Invesco Aerospace & Defense ETF by 8.5% in the fourth quarter. Kovack Advisors Inc. now owns 2,859 shares of the company’s stock worth $328,000 after acquiring an additional 223 shares in the last quarter. WT Wealth Management boosted its holdings in Invesco Aerospace & Defense ETF by 3.5% in the fourth quarter. WT Wealth Management now owns 37,076 shares of the company’s stock worth $4,254,000 after acquiring an additional 1,247 shares in the last quarter. Finally, Prasad Wealth Partners LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF during the fourth quarter worth about $6,828,000.

Invesco Aerospace & Defense ETF Stock Up 2.5 %

PPA opened at $116.40 on Thursday. The firm’s 50-day moving average price is $117.63 and its 200-day moving average price is $116.60. The company has a market cap of $4.68 billion, a P/E ratio of 27.41 and a beta of 0.96. Invesco Aerospace & Defense ETF has a 52-week low of $97.53 and a 52-week 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.