Comprehensive Financial Consultants Institutional Inc. grew its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) by 11.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,802 shares of the company’s stock after buying an additional 482 shares during the period. Comprehensive Financial Consultants Institutional Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $680,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Milestone Investment Advisors LLC bought a new position in shares of Invesco Aerospace & Defense ETF in the first quarter worth approximately $25,000. Whittier Trust Co. of Nevada Inc. bought a new position in shares of Invesco Aerospace & Defense ETF in the first quarter worth approximately $27,000. Banque Transatlantique SA bought a new position in shares of Invesco Aerospace & Defense ETF in the first quarter worth approximately $32,000. Sound Income Strategies LLC bought a new position in shares of Invesco Aerospace & Defense ETF in the first quarter worth approximately $47,000. Finally, Fifth Third Bancorp increased its position in shares of Invesco Aerospace & Defense ETF by 840.9% in the first quarter. Fifth Third Bancorp now owns 414 shares of the company’s stock worth $48,000 after purchasing an additional 370 shares during the last quarter.
Invesco Aerospace & Defense ETF Trading Up 0.1%
PPA stock opened at $156.26 on Monday. The company’s 50 day moving average is $148.80 and its 200 day moving average is $136.08. The stock has a market cap of $6.70 billion, a price-to-earnings ratio of 30.91 and a beta of 0.98. Invesco Aerospace & Defense ETF has a 1-year low of $100.39 and a 1-year high of $157.36.
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.
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