Western Wealth Management LLC Has $3.19 Million Stock Holdings in Invesco Aerospace & Defense ETF $PPA

Western Wealth Management LLC grew its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 46.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,258 shares of the company’s stock after acquiring an additional 6,106 shares during the quarter. Western Wealth Management LLC’s holdings in Invesco Aerospace & Defense ETF were worth $3,191,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco Aerospace & Defense ETF by 2,760.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,817,263 shares of the company’s stock valued at $441,268,000 after purchasing an additional 2,718,777 shares during the last quarter. Morgan Stanley lifted its position in shares of Invesco Aerospace & Defense ETF by 1.3% in the fourth quarter. Morgan Stanley now owns 2,143,208 shares of the company’s stock worth $335,691,000 after purchasing an additional 27,624 shares in the last quarter. LPL Financial LLC boosted its holdings in Invesco Aerospace & Defense ETF by 3.6% during the fourth quarter. LPL Financial LLC now owns 1,729,063 shares of the company’s stock worth $270,823,000 after purchasing an additional 60,321 shares during the last quarter. UBS Group AG boosted its holdings in Invesco Aerospace & Defense ETF by 5.9% during the third quarter. UBS Group AG now owns 825,841 shares of the company’s stock worth $128,377,000 after purchasing an additional 46,319 shares during the last quarter. Finally, Wells Fargo & Company MN grew its position in Invesco Aerospace & Defense ETF by 6.1% in the fourth quarter. Wells Fargo & Company MN now owns 651,525 shares of the company’s stock valued at $102,048,000 after purchasing an additional 37,509 shares in the last quarter.

Invesco Aerospace & Defense ETF Trading Up 1.0%

Invesco Aerospace & Defense ETF stock opened at $174.44 on Friday. Invesco Aerospace & Defense ETF has a 1-year low of $142.07 and a 1-year high of $186.30. The company has a fifty day simple moving average of $173.81 and a 200 day simple moving average of $173.68. The company has a market cap of $8.24 billion, a P/E ratio of 30.91 and a beta of 0.73.

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. The modified market-cap portfolio is rebalanced quarterly and reconstituted annually. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.