Raymond James Financial Services Advisors Inc. increased its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Get Rating) by 122.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 108,567 shares of the company’s stock after buying an additional 59,834 shares during the period. Raymond James Financial Services Advisors Inc. owned about 0.49% of Invesco Aerospace & Defense ETF worth $8,512,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the company. Clearstead Advisors LLC purchased a new position in Invesco Aerospace & Defense ETF in the third quarter valued at approximately $27,000. Sargent Bickham Lagudis LLC grew its position in shares of Invesco Aerospace & Defense ETF by 102.1% during the fourth quarter. Sargent Bickham Lagudis LLC now owns 475 shares of the company’s stock worth $37,000 after acquiring an additional 240 shares during the last quarter. Benjamin F. Edwards & Company Inc. purchased a new position in shares of Invesco Aerospace & Defense ETF during the third quarter worth approximately $33,000. BDO Wealth Advisors LLC purchased a new position in shares of Invesco Aerospace & Defense ETF during the fourth quarter worth approximately $47,000. Finally, Red Tortoise LLC purchased a new position in shares of Invesco Aerospace & Defense ETF during the fourth quarter worth approximately $62,000.
Invesco Aerospace & Defense ETF Stock Performance
Invesco Aerospace & Defense ETF stock opened at $78.47 on Wednesday. Invesco Aerospace & Defense ETF has a one year low of $64.48 and a one year high of $82.61. The business has a fifty day moving average of $79.77 and a two-hundred day moving average of $79.25. The company has a market cap of $1.82 billion, a P/E ratio of 24.91 and a beta of 0.98.
Invesco Aerospace & Defense ETF 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.
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