Strategic Investment Solutions Inc. IL Increases Stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Strategic Investment Solutions Inc. IL increased its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 472.7% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 859 shares of the company’s stock after purchasing an additional 709 shares during the period. Strategic Investment Solutions Inc. IL’s holdings in Invesco Aerospace & Defense ETF were worth $99,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Beacon Capital Management LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 31.6% in the 1st quarter. Beacon Capital Management LLC now owns 416 shares of the company’s stock valued at $42,000 after purchasing an additional 100 shares in the last quarter. Signaturefd LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 19.2% in the 2nd quarter. Signaturefd LLC now owns 664 shares of the company’s stock valued at $68,000 after purchasing an additional 107 shares in the last quarter. New Century Financial Group LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 1.2% in the 3rd quarter. New Century Financial Group LLC now owns 10,010 shares of the company’s stock valued at $1,151,000 after purchasing an additional 117 shares in the last quarter. Bright Futures Wealth Management LLC. boosted its stake in shares of Invesco Aerospace & Defense ETF by 1.8% in the 2nd quarter. Bright Futures Wealth Management LLC. now owns 8,635 shares of the company’s stock valued at $909,000 after purchasing an additional 155 shares in the last quarter. Finally, XML Financial LLC raised its holdings in Invesco Aerospace & Defense ETF by 6.6% during the 2nd quarter. XML Financial LLC now owns 3,113 shares of the company’s stock valued at $320,000 after buying an additional 192 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Performance

NYSEARCA:PPA traded up $1.20 during midday trading on Friday, reaching $117.62. 17,683 shares of the stock traded hands, compared to its average volume of 167,796. The company has a fifty day moving average of $113.75 and a 200 day moving average of $107.30. Invesco Aerospace & Defense ETF has a 12 month low of $79.33 and a 12 month high of $120.16. The stock has a market capitalization of $3.66 billion, a P/E ratio of 33.87 and a beta of 0.73.

About Invesco Aerospace & Defense ETF

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.