GAMMA Investing LLC Takes $39,000 Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

GAMMA Investing LLC acquired a new position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 425 shares of the company’s stock, valued at approximately $39,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. National Wealth Management Group LLC increased its holdings in Invesco Aerospace & Defense ETF by 40.8% during the fourth quarter. National Wealth Management Group LLC now owns 5,418 shares of the company’s stock valued at $499,000 after buying an additional 1,570 shares during the period. Capital Investment Advisory Services LLC lifted its stake in shares of Invesco Aerospace & Defense ETF by 8.8% during the 4th quarter. Capital Investment Advisory Services LLC now owns 5,224 shares of the company’s stock worth $481,000 after purchasing an additional 424 shares during the last quarter. CWM LLC boosted its position in Invesco Aerospace & Defense ETF by 30.8% during the fourth quarter. CWM LLC now owns 6,393 shares of the company’s stock valued at $589,000 after purchasing an additional 1,506 shares in the last quarter. Riggs Asset Managment Co. Inc. grew its stake in Invesco Aerospace & Defense ETF by 3.2% in the fourth quarter. Riggs Asset Managment Co. Inc. now owns 32,171 shares of the company’s stock valued at $2,965,000 after purchasing an additional 1,001 shares during the last quarter. Finally, J.W. Cole Advisors Inc. raised its holdings in Invesco Aerospace & Defense ETF by 28.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 23,797 shares of the company’s stock worth $2,193,000 after purchasing an additional 5,199 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Up 0.6 %

NYSEARCA PPA opened at $102.93 on Friday. The firm has a market cap of $3.12 billion, a PE ratio of 32.60 and a beta of 0.74. Invesco Aerospace & Defense ETF has a 52 week low of $77.17 and a 52 week high of $103.26. The company has a 50 day moving average price of $99.69 and a 200 day moving average price of $92.77.

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.