American Institute for Advanced Investment Management LLP Raises Stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

American Institute for Advanced Investment Management LLP boosted its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPAFree Report) by 0.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 14,541 shares of the company’s stock after buying an additional 121 shares during the quarter. Invesco Aerospace & Defense ETF accounts for about 1.2% of American Institute for Advanced Investment Management LLP’s portfolio, making the stock its 14th largest holding. American Institute for Advanced Investment Management LLP’s holdings in Invesco Aerospace & Defense ETF were worth $1,668,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of PPA. LPL Financial LLC lifted its position in Invesco Aerospace & Defense ETF by 1.5% during the third quarter. LPL Financial LLC now owns 1,392,972 shares of the company’s stock valued at $160,150,000 after purchasing an additional 20,169 shares during the period. Capital Asset Advisory Services LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 2.1% in the fourth quarter. Capital Asset Advisory Services LLC now owns 347,703 shares of the company’s stock worth $40,226,000 after buying an additional 7,007 shares during the last quarter. Axxcess Wealth Management LLC grew its holdings in Invesco Aerospace & Defense ETF by 3.3% during the third quarter. Axxcess Wealth Management LLC now owns 347,210 shares of the company’s stock worth $39,919,000 after acquiring an additional 11,122 shares during the period. Raymond James & Associates raised its position in Invesco Aerospace & Defense ETF by 20.8% during the third quarter. Raymond James & Associates now owns 292,618 shares of the company’s stock valued at $33,642,000 after acquiring an additional 50,360 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its holdings in Invesco Aerospace & Defense ETF by 10,225.1% in the third quarter. International Assets Investment Management LLC now owns 278,674 shares of the company’s stock valued at $32,039,000 after acquiring an additional 275,975 shares during the period.

Invesco Aerospace & Defense ETF Price Performance

NYSEARCA:PPA opened at $118.65 on Thursday. The company has a 50 day moving average price of $118.12 and a 200-day moving average price of $114.71. Invesco Aerospace & Defense ETF has a 1-year low of $90.93 and a 1-year high of $124.89. The firm has a market cap of $3.70 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73.

About Invesco Aerospace & Defense ETF

(Free Report)

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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Institutional Ownership by Quarter for Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

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