Rockefeller Capital Management L.P. increased its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) by 17.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,553 shares of the company’s stock after purchasing an additional 2,928 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Invesco Aerospace & Defense ETF were worth $2,771,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of PPA. Kestra Advisory Services LLC grew its position 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 worth $31,475,000 after buying an additional 229,345 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Invesco Aerospace & Defense ETF in the second quarter worth about $20,984,000. Quaker Wealth Management LLC grew its holdings in 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 worth $7,466,000 after acquiring an additional 104,139 shares in the last quarter. Norden Group LLC bought a new position in Invesco Aerospace & Defense ETF during the 2nd quarter worth about $6,645,000. Finally, Cetera Investment Advisers increased its position in Invesco Aerospace & Defense ETF by 16.3% during the 1st quarter. Cetera Investment Advisers now owns 279,660 shares of the company’s stock valued at $32,594,000 after purchasing an additional 39,268 shares during the period.
Invesco Aerospace & Defense ETF Stock Performance
NYSEARCA:PPA opened at $146.28 on Friday. The firm has a 50-day simple moving average of $153.96 and a 200-day simple moving average of $145.36. Invesco Aerospace & Defense ETF has a one year low of $100.39 and a one year high of $160.37. The firm has a market cap of $6.36 billion, a P/E ratio of 30.91 and a beta of 0.87.
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.
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