EWG Elevate Inc. Takes $296,000 Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

EWG Elevate Inc. bought a new position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,577 shares of the company’s stock, valued at approximately $296,000.

A number of other hedge funds also recently bought and sold shares of PPA. Howe & Rusling Inc. purchased a new stake in Invesco Aerospace & Defense ETF in the 3rd quarter worth approximately $27,000. Glass Jacobson Investment Advisors llc raised its holdings in shares of Invesco Aerospace & Defense ETF by 50.5% during the third quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock valued at $35,000 after acquiring an additional 102 shares in the last quarter. Eastern Bank bought a new position in shares of Invesco Aerospace & Defense ETF during the third quarter valued at approximately $46,000. Continuum Advisory LLC lifted its stake in Invesco Aerospace & Defense ETF by 47.6% in the third quarter. Continuum Advisory LLC now owns 465 shares of the company’s stock worth $55,000 after acquiring an additional 150 shares during the period. Finally, Assetmark Inc. bought a new stake in Invesco Aerospace & Defense ETF in the third quarter valued at $54,000.

Invesco Aerospace & Defense ETF Trading Down 0.4 %

Shares of NYSEARCA PPA opened at $114.63 on Monday. The firm has a fifty day simple moving average of $118.06 and a two-hundred day simple moving average of $113.27. Invesco Aerospace & Defense ETF has a 12 month low of $88.87 and a 12 month high of $124.89. The firm has a market capitalization of $3.57 billion, a PE ratio of 33.87 and a beta of 0.73.

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.