American Institute for Advanced Investment Management LLP Raises Stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

American Institute for Advanced Investment Management LLP boosted its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 0.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,541 shares of the company’s stock after acquiring an additional 121 shares during the period. Invesco Aerospace & Defense ETF comprises 1.2% of American Institute for Advanced Investment Management LLP’s investment portfolio, making the stock its 14th biggest holding. American Institute for Advanced Investment Management LLP’s holdings in Invesco Aerospace & Defense ETF were worth $1,668,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC grew its stake in shares of Invesco Aerospace & Defense ETF by 1.5% during the third quarter. LPL Financial LLC now owns 1,392,972 shares of the company’s stock worth $160,150,000 after purchasing an additional 20,169 shares in the last quarter. Capital Asset Advisory Services LLC raised its stake in Invesco Aerospace & Defense ETF by 2.1% in the fourth quarter. Capital Asset Advisory Services LLC now owns 347,703 shares of the company’s stock valued at $40,226,000 after buying an additional 7,007 shares in the last quarter. Axxcess Wealth Management LLC lifted its holdings in Invesco Aerospace & Defense ETF by 3.3% during the 3rd quarter. Axxcess Wealth Management LLC now owns 347,210 shares of the company’s stock worth $39,919,000 after buying an additional 11,122 shares during the last quarter. Raymond James & Associates boosted its position in shares of Invesco Aerospace & Defense ETF by 20.8% during the 3rd quarter. Raymond James & Associates now owns 292,618 shares of the company’s stock worth $33,642,000 after acquiring an additional 50,360 shares in the last quarter. Finally, International Assets Investment Management LLC increased its holdings in shares of Invesco Aerospace & Defense ETF by 10,225.1% in the 3rd quarter. International Assets Investment Management LLC now owns 278,674 shares of the company’s stock valued at $32,039,000 after acquiring an additional 275,975 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA PPA opened at $118.65 on Thursday. The stock’s 50-day simple moving average is $118.12 and its 200-day simple moving average is $114.71. The firm has a market capitalization of $3.70 billion, a PE ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a fifty-two week low of $90.93 and a fifty-two week high of $124.89.

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.