Spire Wealth Management Grows Stock Holdings in Invesco Aerospace & Defense ETF $PPA

Spire Wealth Management increased its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 70.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,012 shares of the company’s stock after purchasing an additional 2,494 shares during the period. Spire Wealth Management’s holdings in Invesco Aerospace & Defense ETF were worth $852,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in PPA. Whittier Trust Co. of Nevada Inc. bought a new stake in Invesco Aerospace & Defense ETF during the first quarter valued at approximately $27,000. Briaud Financial Planning Inc bought a new stake in Invesco Aerospace & Defense ETF during the second quarter valued at approximately $27,000. Banque Transatlantique SA bought a new stake in Invesco Aerospace & Defense ETF during the first quarter valued at approximately $32,000. Simplex Trading LLC bought a new stake in Invesco Aerospace & Defense ETF during the first quarter valued at approximately $56,000. Finally, Ancora Advisors LLC grew its position in Invesco Aerospace & Defense ETF by 49.8% during the first quarter. Ancora Advisors LLC now owns 935 shares of the company’s stock valued at $109,000 after buying an additional 311 shares during the period.

Invesco Aerospace & Defense ETF Trading Up 0.5%

Shares of NYSEARCA PPA opened at $157.87 on Friday. The firm has a market capitalization of $6.86 billion, a price-to-earnings ratio of 30.91 and a beta of 0.87. Invesco Aerospace & Defense ETF has a 12-month low of $100.39 and a 12-month high of $160.37. The firm has a 50 day moving average of $152.80 and a 200 day moving average of $141.93.

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.