Valley Brook Capital Group Inc. Acquires 195 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Valley Brook Capital Group Inc. raised its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 7.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,976 shares of the company’s stock after acquiring an additional 195 shares during the period. Valley Brook Capital Group Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $341,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of PPA. Howe & Rusling Inc. purchased a new position in shares of Invesco Aerospace & Defense ETF during the third quarter valued at about $27,000. Glass Jacobson Investment Advisors llc lifted its stake in Invesco Aerospace & Defense ETF by 50.5% in the third quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock worth $35,000 after purchasing an additional 102 shares during the last quarter. Eastern Bank bought a new position in shares of Invesco Aerospace & Defense ETF during the third quarter valued at approximately $46,000. Assetmark Inc. purchased a new stake in shares of Invesco Aerospace & Defense ETF in the third quarter worth approximately $54,000. Finally, Continuum Advisory LLC lifted its stake in shares of Invesco Aerospace & Defense ETF by 47.6% during the 3rd quarter. Continuum Advisory LLC now owns 465 shares of the company’s stock worth $55,000 after acquiring an additional 150 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Down 0.3 %

PPA stock opened at $120.10 on Wednesday. Invesco Aerospace & Defense ETF has a twelve month low of $92.93 and a twelve month high of $124.89. The firm has a market cap of $3.74 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. The business’s fifty day simple moving average is $118.11 and its two-hundred day simple moving average is $115.58.

Invesco Aerospace & Defense ETF Company 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.