Capital Asset Advisory Services LLC Acquires 45,477 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Capital Asset Advisory Services LLC boosted its stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 17.1% during the first quarter, Holdings Channel.com reports. The firm owned 311,075 shares of the company’s stock after buying an additional 45,477 shares during the period. Invesco Aerospace & Defense ETF accounts for about 1.8% of Capital Asset Advisory Services LLC’s portfolio, making the stock its 16th largest position. Capital Asset Advisory Services LLC’s holdings in Invesco Aerospace & Defense ETF were worth $31,565,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Citigroup Inc. raised its stake in shares of Invesco Aerospace & Defense ETF by 51.9% in the third quarter. Citigroup Inc. now owns 5,048 shares of the company’s stock worth $403,000 after purchasing an additional 1,725 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Invesco Aerospace & Defense ETF by 37.0% in the third quarter. PNC Financial Services Group Inc. now owns 5,095 shares of the company’s stock worth $407,000 after acquiring an additional 1,375 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Invesco Aerospace & Defense ETF by 2.7% in the third quarter. Envestnet Asset Management Inc. now owns 202,247 shares of the company’s stock worth $16,139,000 after acquiring an additional 5,257 shares during the period. Stifel Financial Corp boosted its stake in Invesco Aerospace & Defense ETF by 2.7% during the third quarter. Stifel Financial Corp now owns 68,986 shares of the company’s stock valued at $5,506,000 after buying an additional 1,796 shares during the last quarter. Finally, Operose Advisors LLC bought a new position in Invesco Aerospace & Defense ETF during the third quarter valued at approximately $80,000.

Invesco Aerospace & Defense ETF Price Performance

Shares of NYSEARCA:PPA traded down $0.45 during trading on Friday, hitting $102.72. The company had a trading volume of 79,518 shares, compared to its average volume of 149,606. The stock has a market cap of $3.20 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a one year low of $77.50 and a one year high of $105.81. The company has a fifty day simple moving average of $103.42 and a two-hundred day simple moving average of $97.94.

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.