Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Stock Position Lifted by Searcy Financial Services Inc. ADV

Searcy Financial Services Inc. ADV grew its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 0.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 128,355 shares of the company’s stock after buying an additional 140 shares during the period. Invesco Aerospace & Defense ETF accounts for 6.5% of Searcy Financial Services Inc. ADV’s portfolio, making the stock its 7th biggest holding. Searcy Financial Services Inc. ADV owned 0.33% of Invesco Aerospace & Defense ETF worth $14,960,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in PPA. Raymond James Financial Inc. purchased a new position in Invesco Aerospace & Defense ETF in the 4th quarter worth approximately $63,049,000. Investment Management Corp VA ADV purchased a new position in Invesco Aerospace & Defense ETF in the 4th quarter worth approximately $10,251,000. Intellus Advisors LLC purchased a new position in Invesco Aerospace & Defense ETF in the 4th quarter worth approximately $7,583,000. Adapt Wealth Advisors LLC purchased a new position in Invesco Aerospace & Defense ETF in the 4th quarter worth approximately $7,190,000. Finally, Focus Partners Wealth lifted its holdings in Invesco Aerospace & Defense ETF by 145.9% in the 4th quarter. Focus Partners Wealth now owns 100,899 shares of the company’s stock worth $11,576,000 after purchasing an additional 59,867 shares in the last quarter.

Invesco Aerospace & Defense ETF Trading Down 0.6%

NYSEARCA PPA opened at $135.88 on Tuesday. The stock’s 50 day moving average is $126.23 and its 200 day moving average is $120.23. Invesco Aerospace & Defense ETF has a 12 month low of $100.39 and a 12 month high of $137.55. The stock has a market cap of $5.37 billion, a PE ratio of 29.83 and a beta of 0.84.

Invesco Aerospace & Defense ETF Company 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.