Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Shares Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC lifted its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 10.2% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 12,453 shares of the company’s stock after buying an additional 1,149 shares during the period. Sanctuary Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $1,507,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC lifted its stake in Invesco Aerospace & Defense ETF by 10,225.1% in the 3rd quarter. International Assets Investment Management LLC now owns 278,674 shares of the company’s stock valued at $32,039,000 after buying an additional 275,975 shares in the last quarter. LPL Financial LLC lifted its position in shares of Invesco Aerospace & Defense ETF by 15.6% in the second quarter. LPL Financial LLC now owns 1,372,803 shares of the company’s stock valued at $141,014,000 after acquiring an additional 184,961 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of Invesco Aerospace & Defense ETF in the third quarter worth approximately $9,775,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Invesco Aerospace & Defense ETF during the third quarter worth approximately $9,263,000. Finally, National Bank of Canada FI raised its stake in Invesco Aerospace & Defense ETF by 62.9% in the 2nd quarter. National Bank of Canada FI now owns 179,419 shares of the company’s stock valued at $18,287,000 after purchasing an additional 69,290 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Up 1.4 %

Shares of PPA opened at $116.21 on Friday. Invesco Aerospace & Defense ETF has a 52-week low of $88.87 and a 52-week high of $124.89. The stock has a market cap of $3.62 billion, a PE ratio of 33.87 and a beta of 0.73. The firm’s fifty day moving average is $118.58 and its two-hundred day moving average is $111.91.

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.