Principal Securities Inc. Raises Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Principal Securities Inc. lifted its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 14.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,492 shares of the company’s stock after buying an additional 2,203 shares during the quarter. Principal Securities Inc. owned 0.06% of Invesco Aerospace & Defense ETF worth $2,007,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Park Avenue Securities LLC purchased a new position in Invesco Aerospace & Defense ETF in the fourth quarter valued at about $935,000. FMR LLC grew its holdings in shares of Invesco Aerospace & Defense ETF by 26.6% in the 3rd quarter. FMR LLC now owns 7,061 shares of the company’s stock worth $812,000 after acquiring an additional 1,482 shares during the period. JPMorgan Chase & Co. increased its stake in Invesco Aerospace & Defense ETF by 87.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,218 shares of the company’s stock valued at $1,865,000 after purchasing an additional 7,555 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in Invesco Aerospace & Defense ETF by 7.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 91,667 shares of the company’s stock worth $10,517,000 after purchasing an additional 6,648 shares during the last quarter. Finally, Zacks Investment Management raised its holdings in Invesco Aerospace & Defense ETF by 5.1% during the third quarter. Zacks Investment Management now owns 2,627 shares of the company’s stock worth $302,000 after purchasing an additional 127 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Performance

Invesco Aerospace & Defense ETF stock opened at $118.08 on Wednesday. The firm has a market capitalization of $3.68 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a fifty-two week low of $94.91 and a fifty-two week high of $124.89. The stock’s fifty day moving average is $117.92 and its two-hundred day moving average is $115.93.

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.