XML Financial LLC Acquires 290 Shares of Invesco Aerospace & Defense ETF $PPA

XML Financial LLC increased its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 11.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,776 shares of the company’s stock after buying an additional 290 shares during the period. XML Financial LLC’s holdings in Invesco Aerospace & Defense ETF were worth $393,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of PPA. Wealth Enhancement Advisory Services LLC raised its stake in Invesco Aerospace & Defense ETF by 99.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 11,567 shares of the company’s stock worth $1,327,000 after buying an additional 5,771 shares during the last quarter. GAMMA Investing LLC raised its stake in Invesco Aerospace & Defense ETF by 11,555.1% during the first quarter. GAMMA Investing LLC now owns 49,534 shares of the company’s stock worth $57,730,000 after buying an additional 49,109 shares during the last quarter. NBC Securities Inc. raised its stake in Invesco Aerospace & Defense ETF by 97,300.0% during the first quarter. NBC Securities Inc. now owns 5,844 shares of the company’s stock worth $681,000 after buying an additional 5,838 shares during the last quarter. Merit Financial Group LLC raised its stake in Invesco Aerospace & Defense ETF by 19.0% during the first quarter. Merit Financial Group LLC now owns 15,542 shares of the company’s stock worth $1,811,000 after buying an additional 2,483 shares during the last quarter. Finally, HBW Advisory Services LLC raised its stake in Invesco Aerospace & Defense ETF by 56.7% during the first quarter. HBW Advisory Services LLC now owns 3,240 shares of the company’s stock worth $378,000 after buying an additional 1,173 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Up 1.8%

Shares of NYSEARCA PPA opened at $155.45 on Wednesday. Invesco Aerospace & Defense ETF has a twelve month low of $100.39 and a twelve month high of $155.55. The firm has a fifty day simple moving average of $148.25 and a 200 day simple moving average of $135.17. The company has a market capitalization of $6.42 billion, a PE ratio of 30.91 and a beta of 0.98.

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.