LongView Wealth Management Acquires Shares of 2,870 Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

LongView Wealth Management acquired a new position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the fourth quarter, Holdings Channel reports. The fund acquired 2,870 shares of the company’s stock, valued at approximately $329,000.

Several other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC boosted its holdings in Invesco Aerospace & Defense ETF by 1.5% during the third quarter. LPL Financial LLC now owns 1,392,972 shares of the company’s stock worth $160,150,000 after purchasing an additional 20,169 shares during the last quarter. Axxcess Wealth Management LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 3.3% in the 3rd quarter. Axxcess Wealth Management LLC now owns 347,210 shares of the company’s stock worth $39,919,000 after buying an additional 11,122 shares during the last quarter. Raymond James & Associates grew its holdings in shares of Invesco Aerospace & Defense ETF by 20.8% in the third quarter. Raymond James & Associates now owns 292,618 shares of the company’s stock valued at $33,642,000 after acquiring an additional 50,360 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of Invesco Aerospace & Defense ETF by 10,225.1% during the third quarter. International Assets Investment Management LLC now owns 278,674 shares of the company’s stock valued at $32,039,000 after acquiring an additional 275,975 shares during the last quarter. Finally, Cetera Investment Advisers lifted its holdings in Invesco Aerospace & Defense ETF by 8.2% during the second quarter. Cetera Investment Advisers now owns 244,062 shares of the company’s stock worth $25,070,000 after acquiring an additional 18,544 shares during the period.

Invesco Aerospace & Defense ETF Price Performance

Shares of NYSEARCA:PPA opened at $119.51 on Friday. The company has a market capitalization of $3.72 billion, a PE ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 1 year low of $89.17 and a 1 year high of $124.89. The business has a fifty day moving average price of $117.95 and a two-hundred day moving average price of $113.65.

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.