WT Wealth Management Grows Stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

WT Wealth Management increased its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPAFree Report) by 3.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 35,815 shares of the company’s stock after purchasing an additional 1,319 shares during the quarter. Invesco Aerospace & Defense ETF accounts for 1.3% of WT Wealth Management’s investment portfolio, making the stock its 19th biggest holding. WT Wealth Management owned approximately 0.15% of Invesco Aerospace & Defense ETF worth $3,301,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Simplex Trading LLC raised its position in shares of Invesco Aerospace & Defense ETF by 52.7% during the 3rd quarter. Simplex Trading LLC now owns 403 shares of the company’s stock worth $32,000 after purchasing an additional 139 shares during the last quarter. GAMMA Investing LLC acquired a new position in shares of Invesco Aerospace & Defense ETF in the fourth quarter worth $39,000. Atlantic Edge Private Wealth Management LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF in the fourth quarter valued at $55,000. Tyler Stone Wealth Management boosted its stake in shares of Invesco Aerospace & Defense ETF by 18.4% during the third quarter. Tyler Stone Wealth Management now owns 779 shares of the company’s stock valued at $62,000 after acquiring an additional 121 shares during the last quarter. Finally, Ancora Advisors LLC increased its position in Invesco Aerospace & Defense ETF by 40.1% during the 3rd quarter. Ancora Advisors LLC now owns 874 shares of the company’s stock worth $70,000 after purchasing an additional 250 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Performance

PPA stock traded up $0.26 during trading on Friday, hitting $105.04. The stock had a trading volume of 75,186 shares, compared to its average volume of 157,608. The stock has a market cap of $3.27 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. The company’s 50 day moving average price is $100.92 and its two-hundred day moving average price is $94.34. Invesco Aerospace & Defense ETF has a 1-year low of $77.17 and a 1-year high of $105.44.

About Invesco Aerospace & Defense ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

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