Aprio Wealth Management LLC Invests $555,000 in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Aprio Wealth Management LLC acquired a new position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the 4th quarter, HoldingsChannel reports. The fund acquired 4,836 shares of the company’s stock, valued at approximately $555,000.

Other hedge funds have also made changes to their positions in the company. Valley Brook Capital Group Inc. lifted its position in shares of Invesco Aerospace & Defense ETF by 3.3% in the third 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 increased its stake in Invesco Aerospace & Defense ETF by 3.0% during the third quarter. XML Financial LLC now owns 3,205 shares of the company’s stock worth $368,000 after acquiring an additional 92 shares during the last quarter. Carr Financial Group Corp grew its stake in shares of Invesco Aerospace & Defense ETF by 1.1% in the third quarter. Carr Financial Group Corp now owns 9,650 shares of the company’s stock valued at $1,109,000 after buying an additional 102 shares in the last quarter. Glass Jacobson Investment Advisors llc grew its stake in shares of Invesco Aerospace & Defense ETF by 50.5% in the third quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock valued at $35,000 after buying an additional 102 shares in the last quarter. Finally, National Wealth Management Group LLC grew its stake in shares of Invesco Aerospace & Defense ETF by 2.2% in the third quarter. National Wealth Management Group LLC now owns 5,393 shares of the company’s stock valued at $620,000 after buying an additional 116 shares in the last quarter.

Invesco Aerospace & Defense ETF Trading Down 0.4 %

Shares of NYSEARCA PPA opened at $114.63 on Monday. Invesco Aerospace & Defense ETF has a twelve month low of $88.87 and a twelve month high of $124.89. The stock has a fifty day simple moving average of $118.06 and a 200-day simple moving average of $113.27. The stock has a market capitalization of $3.57 billion, a PE ratio of 33.87 and a beta of 0.73.

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.