Strategic Financial Concepts LLC Purchases Shares of 4,882 Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Strategic Financial Concepts LLC purchased a new stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,882 shares of the company’s stock, valued at approximately $560,000.

Several other large investors have also recently added to or reduced their stakes in the company. Valley Brook Capital Group Inc. raised its holdings in Invesco Aerospace & Defense ETF by 3.3% in the 3rd quarter. Valley Brook Capital Group Inc. now owns 2,781 shares of the company’s stock valued at $320,000 after acquiring an additional 90 shares in the last quarter. XML Financial LLC grew its stake in shares of Invesco Aerospace & Defense ETF by 3.0% in the 3rd quarter. XML Financial LLC now owns 3,205 shares of the company’s stock valued at $368,000 after purchasing an additional 92 shares during the period. Carr Financial Group Corp grew its stake in shares of Invesco Aerospace & Defense ETF by 1.1% in the 3rd quarter. Carr Financial Group Corp now owns 9,650 shares of the company’s stock valued at $1,109,000 after purchasing an additional 102 shares during the period. Glass Jacobson Investment Advisors llc grew its stake in shares of Invesco Aerospace & Defense ETF by 50.5% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock valued at $35,000 after purchasing an additional 102 shares during the period. Finally, National Wealth Management Group LLC grew its stake in shares of Invesco Aerospace & Defense ETF by 2.2% in the 3rd quarter. National Wealth Management Group LLC now owns 5,393 shares of the company’s stock valued at $620,000 after purchasing an additional 116 shares during the period.

Invesco Aerospace & Defense ETF Trading Down 0.3 %

PPA stock opened at $120.10 on Wednesday. Invesco Aerospace & Defense ETF has a 1-year low of $92.93 and a 1-year high of $124.89. The firm has a market cap of $3.74 billion, a P/E ratio of 33.87 and a beta of 0.73. The business’s 50 day moving average is $118.11 and its 200-day moving average is $115.58.

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.