Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Short Interest Update

Invesco Aerospace & Defense ETF (NYSEARCA:PPA) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 172,600 shares, an increase of 46.8% from the September 15th total of 117,600 shares. Based on an average trading volume of 209,800 shares, the short-interest ratio is presently 0.8 days. Based on an average trading volume of 209,800 shares, the short-interest ratio is presently 0.8 days.

Invesco Aerospace & Defense ETF Price Performance

Shares of PPA stock opened at $154.34 on Thursday. Invesco Aerospace & Defense ETF has a 1 year low of $100.39 and a 1 year high of $159.96. The firm has a fifty day moving average price of $151.06 and a 200-day moving average price of $139.29. The company has a market cap of $6.68 billion, a price-to-earnings ratio of 30.91 and a beta of 0.98.

Institutional Investors Weigh In On Invesco Aerospace & Defense ETF

A number of hedge funds have recently modified their holdings of the business. Aurora Private Wealth Inc. lifted its stake in shares of Invesco Aerospace & Defense ETF by 11,555.0% during the 1st quarter. Aurora Private Wealth Inc. now owns 273,543 shares of the company’s stock valued at $31,881,000 after buying an additional 271,196 shares in the last quarter. Kestra Advisory Services LLC lifted its stake in shares of Invesco Aerospace & Defense ETF by 563.3% during the 1st quarter. Kestra Advisory Services LLC now owns 270,057 shares of the company’s stock valued at $31,475,000 after buying an additional 229,345 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Invesco Aerospace & Defense ETF during the 2nd quarter valued at $20,984,000. Quaker Wealth Management LLC lifted its stake in shares of Invesco Aerospace & Defense ETF by 202.4% during the 2nd quarter. Quaker Wealth Management LLC now owns 52,694 shares of the company’s stock valued at $7,466,000 after buying an additional 104,139 shares in the last quarter. Finally, Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management purchased a new position in shares of Invesco Aerospace & Defense ETF during the 2nd quarter valued at $10,202,000.

About Invesco Aerospace & Defense ETF

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.