Apollon Wealth Management LLC Has $3.21 Million Stock Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Apollon Wealth Management LLC grew its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 11.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,999 shares of the company’s stock after acquiring an additional 2,821 shares during the period. Apollon Wealth Management LLC owned 0.09% of Invesco Aerospace & Defense ETF worth $3,212,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Park Avenue Securities LLC acquired a new stake in Invesco Aerospace & Defense ETF during the fourth quarter worth approximately $935,000. FMR LLC grew its stake in shares of Invesco Aerospace & Defense ETF by 26.6% during the third quarter. FMR LLC now owns 7,061 shares of the company’s stock worth $812,000 after buying an additional 1,482 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Invesco Aerospace & Defense ETF by 87.2% during the third quarter. JPMorgan Chase & Co. now owns 16,218 shares of the company’s stock worth $1,865,000 after buying an additional 7,555 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Invesco Aerospace & Defense ETF by 7.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 91,667 shares of the company’s stock worth $10,517,000 after buying an additional 6,648 shares in the last quarter. Finally, Zacks Investment Management boosted its holdings in shares of Invesco Aerospace & Defense ETF by 5.1% during the 3rd quarter. Zacks Investment Management now owns 2,627 shares of the company’s stock valued at $302,000 after acquiring an additional 127 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Down 0.4 %

Shares of PPA stock opened at $119.82 on Monday. The firm has a market capitalization of $3.73 billion, a P/E ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a twelve month low of $92.93 and a twelve month high of $124.89. The stock’s fifty day simple moving average is $118.10 and its 200 day simple moving average is $115.48.

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.