Apollon Wealth Management LLC Has $3.21 Million Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Apollon Wealth Management LLC boosted its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 11.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 27,999 shares of the company’s stock after purchasing an additional 2,821 shares during the period. Apollon Wealth Management LLC’s holdings in Invesco Aerospace & Defense ETF were worth $3,212,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Golden State Wealth Management LLC bought a new stake in shares of Invesco Aerospace & Defense ETF during the 4th quarter valued at about $2,576,000. Strategic Financial Concepts LLC acquired a new position in Invesco Aerospace & Defense ETF in the fourth quarter valued at approximately $560,000. Elm3 Financial Group LLC bought a new position in shares of Invesco Aerospace & Defense ETF during the 4th quarter worth approximately $476,000. Schmidt P J Investment Management Inc. grew its position in shares of Invesco Aerospace & Defense ETF by 16.9% during the 4th quarter. Schmidt P J Investment Management Inc. now owns 8,498 shares of the company’s stock worth $975,000 after buying an additional 1,227 shares during the period. Finally, Lion Street Advisors LLC increased its stake in shares of Invesco Aerospace & Defense ETF by 15.7% in the 4th quarter. Lion Street Advisors LLC now owns 2,655 shares of the company’s stock valued at $305,000 after acquiring an additional 360 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Down 0.4 %

Invesco Aerospace & Defense ETF stock opened at $119.82 on Monday. The company has a market capitalization of $3.73 billion, a PE ratio of 33.87 and a beta of 0.73. The firm’s fifty day moving average is $118.10 and its 200 day moving average is $115.48. Invesco Aerospace & Defense ETF has a 12-month low of $92.93 and a 12-month 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.