Strategic Blueprint LLC Grows Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Strategic Blueprint LLC lifted its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 6.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,523 shares of the company’s stock after purchasing an additional 347 shares during the quarter. Strategic Blueprint LLC’s holdings in Invesco Aerospace & Defense ETF were worth $634,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Howe & Rusling Inc. bought a new stake in Invesco Aerospace & Defense ETF during the third quarter valued at approximately $27,000. Glass Jacobson Investment Advisors llc raised its position in shares of Invesco Aerospace & Defense ETF by 50.5% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock valued at $35,000 after buying an additional 102 shares in the last quarter. Eastern Bank bought a new stake in shares of Invesco Aerospace & Defense ETF during the 3rd quarter worth $46,000. Assetmark Inc. purchased a new position in Invesco Aerospace & Defense ETF in the third quarter worth $54,000. Finally, Continuum Advisory LLC increased its stake in Invesco Aerospace & Defense ETF by 47.6% in the third quarter. Continuum Advisory LLC now owns 465 shares of the company’s stock valued at $55,000 after acquiring an additional 150 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Down 0.2 %

NYSEARCA PPA opened at $120.59 on Friday. The stock’s 50-day simple moving average is $118.13 and its two-hundred day simple moving average is $114.86. Invesco Aerospace & Defense ETF has a twelve month low of $90.93 and a twelve month high of $124.89. The company has a market capitalization of $3.76 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73.

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.