WT Wealth Management Acquires 1,247 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

WT Wealth Management boosted its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 3.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,076 shares of the company’s stock after purchasing an additional 1,247 shares during the quarter. Invesco Aerospace & Defense ETF makes up approximately 1.3% of WT Wealth Management’s holdings, making the stock its 22nd biggest position. WT Wealth Management owned 0.12% of Invesco Aerospace & Defense ETF worth $4,254,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in PPA. Howe & Rusling Inc. bought a new position in shares of Invesco Aerospace & Defense ETF during the 3rd quarter valued at approximately $27,000. Glass Jacobson Investment Advisors llc boosted its position in shares of Invesco Aerospace & Defense ETF by 50.5% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock valued at $35,000 after acquiring an additional 102 shares during the last quarter. Continuum Advisory LLC boosted its position in shares of Invesco Aerospace & Defense ETF by 47.6% during the 3rd quarter. Continuum Advisory LLC now owns 465 shares of the company’s stock valued at $55,000 after acquiring an additional 150 shares during the last quarter. Assetmark Inc. bought a new position in shares of Invesco Aerospace & Defense ETF during the 3rd quarter valued at approximately $54,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Invesco Aerospace & Defense ETF by 41.7% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 584 shares of the company’s stock valued at $67,000 after acquiring an additional 172 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Performance

NYSEARCA PPA opened at $115.16 on Thursday. The company has a market capitalization of $4.63 billion, a P/E ratio of 27.41 and a beta of 0.96. Invesco Aerospace & Defense ETF has a one year low of $96.25 and a one year high of $124.89. The stock has a 50 day moving average price of $117.66 and a 200-day moving average price of $116.38.

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.