Stifel Financial Corp raised its stake in shares of PowerShares Aerospace & Defense (NYSEARCA:PPA) by 3.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 54,210 shares of the company’s stock after purchasing an additional 1,887 shares during the quarter. Stifel Financial Corp owned 0.34% of PowerShares Aerospace & Defense worth $2,778,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Rothschild Investment Corp IL boosted its holdings in PowerShares Aerospace & Defense by 43.6% during the third quarter. Rothschild Investment Corp IL now owns 6,592 shares of the company’s stock valued at $338,000 after purchasing an additional 2,000 shares in the last quarter. Advisor Group Inc. boosted its holdings in PowerShares Aerospace & Defense by 75.7% during the third quarter. Advisor Group Inc. now owns 35,765 shares of the company’s stock valued at $1,835,000 after purchasing an additional 15,404 shares in the last quarter. Oppenheimer & Co. Inc. boosted its holdings in PowerShares Aerospace & Defense by 38.8% during the second quarter. Oppenheimer & Co. Inc. now owns 12,663 shares of the company’s stock valued at $581,000 after purchasing an additional 3,542 shares in the last quarter. Citigroup Inc. boosted its holdings in PowerShares Aerospace & Defense by 55.2% during the second quarter. Citigroup Inc. now owns 8,062 shares of the company’s stock valued at $370,000 after purchasing an additional 2,867 shares in the last quarter. Finally, Edmond DE Rothschild Holding S.A. boosted its holdings in shares of PowerShares Aerospace & Defense by 46.2% in the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 18,950 shares of the company’s stock worth $870,000 after acquiring an additional 5,991 shares in the last quarter.

PowerShares Aerospace & Defense (NYSEARCA:PPA) opened at $53.92 on Wednesday. PowerShares Aerospace & Defense has a 1-year low of $41.51 and a 1-year high of $54.42.

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About PowerShares Aerospace & Defense

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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Institutional Ownership by Quarter for PowerShares Aerospace & Defense (NYSEARCA:PPA)

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