SYM FINANCIAL Corp Acquires 225 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

SYM FINANCIAL Corp grew its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 13.0% in the 4th quarter, Holdings Channel reports. The fund owned 1,950 shares of the company’s stock after buying an additional 225 shares during the period. SYM FINANCIAL Corp’s holdings in Invesco Aerospace & Defense ETF were worth $180,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in PPA. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management acquired a new stake in Invesco Aerospace & Defense ETF in the fourth quarter valued at approximately $34,256,000. International Assets Investment Management LLC boosted its holdings in shares of Invesco Aerospace & Defense ETF by 9,361.6% during the 4th quarter. International Assets Investment Management LLC now owns 244,582 shares of the company’s stock valued at $22,541,000 after acquiring an additional 241,997 shares in the last quarter. Axxcess Wealth Management LLC grew its position in Invesco Aerospace & Defense ETF by 219.3% during the 3rd quarter. Axxcess Wealth Management LLC now owns 229,932 shares of the company’s stock worth $18,349,000 after acquiring an additional 157,931 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in Invesco Aerospace & Defense ETF by 243.7% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 208,311 shares of the company’s stock worth $19,198,000 after purchasing an additional 147,710 shares in the last quarter. Finally, Raymond James & Associates raised its position in Invesco Aerospace & Defense ETF by 165.6% in the fourth quarter. Raymond James & Associates now owns 175,968 shares of the company’s stock valued at $16,217,000 after purchasing an additional 109,718 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Up 0.6 %

Shares of PPA stock traded up $0.63 during mid-day trading on Friday, reaching $102.93. 119,104 shares of the stock traded hands, compared to its average volume of 161,096. The stock’s fifty day simple moving average is $99.69 and its two-hundred day simple moving average is $92.70. Invesco Aerospace & Defense ETF has a 1-year low of $77.17 and a 1-year high of $103.26. The company has a market cap of $3.12 billion, a price-to-earnings ratio of 32.60 and a beta of 0.74.

Invesco Aerospace & Defense ETF 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.