Presidio Capital Management LLC Purchases 2,280 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Presidio Capital Management LLC boosted its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 3.1% in the third quarter, HoldingsChannel.com reports. The firm owned 75,224 shares of the company’s stock after acquiring an additional 2,280 shares during the period. Invesco Aerospace & Defense ETF accounts for approximately 5.5% of Presidio Capital Management LLC’s investment portfolio, making the stock its 6th biggest holding. Presidio Capital Management LLC’s holdings in Invesco Aerospace & Defense ETF were worth $8,649,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Beacon Harbor Wealth Advisors Inc. lifted its holdings in shares of Invesco Aerospace & Defense ETF by 0.4% in the 3rd quarter. Beacon Harbor Wealth Advisors Inc. now owns 108,068 shares of the company’s stock worth $12,425,000 after purchasing an additional 403 shares during the last quarter. Valley Brook Capital Group Inc. increased its position in Invesco Aerospace & Defense ETF by 3.3% in the third quarter. Valley Brook Capital Group Inc. now owns 2,781 shares of the company’s stock worth $320,000 after buying an additional 90 shares during the period. Castle Wealth Management LLC lifted its stake in Invesco Aerospace & Defense ETF by 13.0% in the third quarter. Castle Wealth Management LLC now owns 41,108 shares of the company’s stock valued at $4,726,000 after buying an additional 4,720 shares during the last quarter. Concurrent Investment Advisors LLC acquired a new position in shares of Invesco Aerospace & Defense ETF during the third quarter valued at $241,000. Finally, Financial Partners Group Inc grew its position in shares of Invesco Aerospace & Defense ETF by 44.3% during the third quarter. Financial Partners Group Inc now owns 21,009 shares of the company’s stock worth $2,415,000 after acquiring an additional 6,447 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Down 0.5 %

PPA stock opened at $119.64 on Friday. The stock has a market cap of $3.73 billion, a PE ratio of 33.87 and a beta of 0.73. The firm’s 50-day simple moving average is $114.81 and its 200 day simple moving average is $108.49. Invesco Aerospace & Defense ETF has a fifty-two week low of $83.32 and a fifty-two week high of $120.89.

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.