Curran Financial Partners LLC Acquires Shares of 2,351 Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Curran Financial Partners LLC acquired a new position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 2,351 shares of the company’s stock, valued at approximately $270,000.

Several other institutional investors and hedge funds also recently modified their holdings of PPA. Thrivent Financial for Lutherans lifted its position in Invesco Aerospace & Defense ETF by 34.4% during the 2nd quarter. Thrivent Financial for Lutherans now owns 10,531 shares of the company’s stock worth $1,082,000 after acquiring an additional 2,694 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of Invesco Aerospace & Defense ETF during the second quarter valued at approximately $209,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco Aerospace & Defense ETF by 519.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 26,395 shares of the company’s stock worth $2,711,000 after purchasing an additional 22,132 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 63.9% in the second quarter. NewEdge Advisors LLC now owns 8,602 shares of the company’s stock valued at $884,000 after purchasing an additional 3,353 shares during the period. Finally, Regal Investment Advisors LLC grew its holdings in Invesco Aerospace & Defense ETF by 1.4% during the 2nd quarter. Regal Investment Advisors LLC now owns 52,992 shares of the company’s stock valued at $5,443,000 after purchasing an additional 730 shares in the last quarter.

Invesco Aerospace & Defense ETF Price Performance

Shares of PPA stock opened at $122.21 on Monday. The company’s fifty day moving average price is $118.02 and its two-hundred day moving average price is $114.46. The firm has a market capitalization of $3.81 billion, a P/E ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 12 month low of $89.74 and a 12 month high of $124.89.

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.