CMH Wealth Management LLC Has $4.92 Million Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

CMH Wealth Management LLC increased its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 10.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,894 shares of the company’s stock after buying an additional 4,047 shares during the quarter. CMH Wealth Management LLC owned 0.14% of Invesco Aerospace & Defense ETF worth $4,921,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Howe & Rusling Inc. acquired a new stake in shares of Invesco Aerospace & Defense ETF during the 3rd quarter worth approximately $27,000. Glass Jacobson Investment Advisors llc lifted its position 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 period. Eastern Bank acquired a new stake in Invesco Aerospace & Defense ETF during the third quarter worth $46,000. Continuum Advisory LLC increased its holdings in Invesco Aerospace & Defense ETF by 47.6% in the 3rd quarter. Continuum Advisory LLC now owns 465 shares of the company’s stock valued at $55,000 after buying an additional 150 shares during the period. Finally, Assetmark Inc. acquired a new position in shares of Invesco Aerospace & Defense ETF in the 3rd quarter valued at $54,000.

Invesco Aerospace & Defense ETF Stock Performance

Shares of Invesco Aerospace & Defense ETF stock opened at $119.51 on Tuesday. The firm has a market cap of $3.72 billion, a P/E ratio of 33.87 and a beta of 0.73. The firm’s 50-day simple moving average is $117.85 and its 200-day simple moving average is $113.91. Invesco Aerospace & Defense ETF has a twelve month low of $89.17 and a twelve month high of $124.89.

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.