J.W. Cole Advisors Inc. Has $14.11 Million Position in Invesco Aerospace & Defense ETF $PPA

J.W. Cole Advisors Inc. grew its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 40.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 90,661 shares of the company’s stock after buying an additional 26,260 shares during the period. J.W. Cole Advisors Inc. owned approximately 0.20% of Invesco Aerospace & Defense ETF worth $14,106,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. raised its position in Invesco Aerospace & Defense ETF by 2,760.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,817,263 shares of the company’s stock worth $441,268,000 after purchasing an additional 2,718,777 shares in the last quarter. Bank of America Corp DE raised its position in Invesco Aerospace & Defense ETF by 2.3% in the third quarter. Bank of America Corp DE now owns 7,668,214 shares of the company’s stock worth $1,192,024,000 after purchasing an additional 173,290 shares in the last quarter. BNP Paribas Financial Markets raised its position in Invesco Aerospace & Defense ETF by 533.3% in the third quarter. BNP Paribas Financial Markets now owns 190,000 shares of the company’s stock worth $29,536,000 after purchasing an additional 160,000 shares in the last quarter. Ameriprise Financial Inc. raised its position in Invesco Aerospace & Defense ETF by 43.6% in the third quarter. Ameriprise Financial Inc. now owns 400,922 shares of the company’s stock worth $62,303,000 after purchasing an additional 121,776 shares in the last quarter. Finally, Quadrature Capital Ltd acquired a new position in Invesco Aerospace & Defense ETF in the third quarter worth about $15,257,000.

Invesco Aerospace & Defense ETF Trading Up 2.1%

NYSEARCA PPA opened at $173.53 on Friday. The firm has a market cap of $8.30 billion, a price-to-earnings ratio of 30.91 and a beta of 0.73. The company has a 50 day moving average of $170.30 and a 200-day moving average of $168.36. Invesco Aerospace & Defense ETF has a 1-year low of $132.54 and a 1-year high of $186.30.

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. 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.