Presidio Capital Management LLC Acquires 2,280 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Presidio Capital Management LLC increased its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 3.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 75,224 shares of the company’s stock after buying an additional 2,280 shares during the quarter. Invesco Aerospace & Defense ETF comprises about 5.5% of Presidio Capital Management LLC’s investment portfolio, making the stock its 6th biggest position. Presidio Capital Management LLC owned 0.24% of Invesco Aerospace & Defense ETF worth $8,649,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Beacon Capital Management LLC grew its stake in Invesco Aerospace & Defense ETF by 31.6% during the 1st quarter. Beacon Capital Management LLC now owns 416 shares of the company’s stock valued at $42,000 after purchasing an additional 100 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Invesco Aerospace & Defense ETF during the second quarter worth approximately $42,000. Eastern Bank bought a new stake in shares of Invesco Aerospace & Defense ETF in the third quarter worth $46,000. EverSource Wealth Advisors LLC acquired a new stake in Invesco Aerospace & Defense ETF in the first quarter valued at $54,000. Finally, ORG Partners LLC boosted its stake in Invesco Aerospace & Defense ETF by 2,650.0% during the 3rd quarter. ORG Partners LLC now owns 550 shares of the company’s stock valued at $63,000 after acquiring an additional 530 shares during the last quarter.

Invesco Aerospace & Defense ETF Price Performance

Shares of PPA stock opened at $119.64 on Friday. The firm has a fifty day moving average of $114.81 and a two-hundred day moving average of $108.49. The firm has a market cap of $3.73 billion, a P/E ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 1-year low of $83.32 and a 1-year high of $120.89.

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.