Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Short Interest Up 74.1% in February

Invesco Aerospace & Defense ETF (NYSEARCA:PPA) was the recipient of a significant increase in short interest in February. As of February 13th, there was short interest totaling 200,058 shares, an increase of 74.1% from the January 29th total of 114,900 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 277,244 shares, the days-to-cover ratio is presently 0.7 days. Based on an average trading volume of 277,244 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.4% of the company’s stock are short sold.

Institutional Trading of Invesco Aerospace & Defense ETF

Institutional investors have recently bought and sold shares of the business. Bank of Montreal Can increased its holdings in shares of Invesco Aerospace & Defense ETF by 0.4% in the 4th quarter. Bank of Montreal Can now owns 13,265 shares of the company’s stock valued at $2,078,000 after acquiring an additional 58 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in Invesco Aerospace & Defense ETF by 0.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 8,481 shares of the company’s stock valued at $1,328,000 after purchasing an additional 60 shares in the last quarter. Sanctuary Advisors LLC increased its stake in Invesco Aerospace & Defense ETF by 0.5% in the fourth quarter. Sanctuary Advisors LLC now owns 11,237 shares of the company’s stock valued at $1,760,000 after purchasing an additional 61 shares during the last quarter. Advisors Capital Management LLC increased its stake in Invesco Aerospace & Defense ETF by 2.3% in the fourth quarter. Advisors Capital Management LLC now owns 2,731 shares of the company’s stock valued at $428,000 after purchasing an additional 62 shares during the last quarter. Finally, Vontobel Holding Ltd. raised its holdings in Invesco Aerospace & Defense ETF by 3.0% during the fourth quarter. Vontobel Holding Ltd. now owns 2,134 shares of the company’s stock worth $334,000 after purchasing an additional 63 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA:PPA traded up $0.75 during trading hours on Friday, reaching $181.07. The stock had a trading volume of 190,455 shares, compared to its average volume of 316,273. Invesco Aerospace & Defense ETF has a 1 year low of $100.39 and a 1 year high of $182.44. The firm’s 50 day moving average is $172.39 and its 200-day moving average is $159.08. The stock has a market capitalization of $8.11 billion, a price-to-earnings ratio of 30.91 and a beta of 0.87.

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. The modified market-cap portfolio is rebalanced quarterly and reconstituted annually. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.