Invesco Aerospace & Defense ETF $PPA Shares Bought by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC grew its stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 751.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,774 shares of the company’s stock after purchasing an additional 6,861 shares during the period. EverSource Wealth Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $1,288,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of PPA. eCIO Inc. purchased a new position in Invesco Aerospace & Defense ETF in the fourth quarter worth $28,000. Binnacle Investments Inc increased its holdings in shares of Invesco Aerospace & Defense ETF by 84.2% in the 2nd quarter. Binnacle Investments Inc now owns 210 shares of the company’s stock valued at $30,000 after purchasing an additional 96 shares in the last quarter. EPG Wealth Management LLC purchased a new stake in Invesco Aerospace & Defense ETF during the fourth quarter worth about $31,000. Y.D. More Investments Ltd increased its holdings in Invesco Aerospace & Defense ETF by 720.0% in the fourth quarter. Y.D. More Investments Ltd now owns 205 shares of the company’s stock valued at $32,000 after buying an additional 180 shares in the last quarter. Finally, Bayban purchased a new stake in shares of Invesco Aerospace & Defense ETF during the 4th quarter worth approximately $38,000.

Invesco Aerospace & Defense ETF Stock Performance

Shares of PPA stock opened at $172.63 on Friday. The stock has a market cap of $8.16 billion, a PE ratio of 30.91 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 1 year low of $142.07 and a 1 year high of $186.30. The stock has a fifty day moving average price of $173.73 and a 200 day moving average price of $173.68.

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. 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.