Capital Advisors Ltd. LLC Purchases 679 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Capital Advisors Ltd. LLC raised its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 5.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,505 shares of the company’s stock after acquiring an additional 679 shares during the period. Capital Advisors Ltd. LLC owned approximately 0.05% of Invesco Aerospace & Defense ETF worth $1,152,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in PPA. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management bought a new stake in shares of Invesco Aerospace & Defense ETF during the fourth quarter worth approximately $34,256,000. International Assets Investment Management LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 9,361.6% in the fourth quarter. International Assets Investment Management LLC now owns 244,582 shares of the company’s stock valued at $22,541,000 after buying an additional 241,997 shares during the period. Capital Asset Advisory Services LLC bought a new stake in shares of Invesco Aerospace & Defense ETF in the third quarter valued at approximately $14,483,000. Axxcess Wealth Management LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 219.3% in the third quarter. Axxcess Wealth Management LLC now owns 229,932 shares of the company’s stock valued at $18,349,000 after buying an additional 157,931 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in shares of Invesco Aerospace & Defense ETF by 243.7% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 208,311 shares of the company’s stock valued at $19,198,000 after buying an additional 147,710 shares during the period.

Invesco Aerospace & Defense ETF Price Performance

PPA stock traded down $0.69 during midday trading on Wednesday, reaching $99.76. 265,745 shares of the stock were exchanged, compared to its average volume of 160,552. The stock has a market capitalization of $2.97 billion, a PE ratio of 32.35 and a beta of 0.76. Invesco Aerospace & Defense ETF has a 52 week low of $77.17 and a 52 week high of $102.00. The company has a fifty day moving average price of $98.77 and a 200 day moving average price of $91.79.

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.