Mutual Advisors LLC Has $377,000 Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Mutual Advisors LLC boosted its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 5.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,177 shares of the company’s stock after buying an additional 152 shares during the quarter. Mutual Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $377,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Howe & Rusling Inc. acquired a new position in Invesco Aerospace & Defense ETF in the third quarter valued at approximately $27,000. Glass Jacobson Investment Advisors llc lifted its stake in shares of Invesco Aerospace & Defense ETF by 50.5% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock valued at $35,000 after purchasing an additional 102 shares during the period. Eastern Bank bought a new position in shares of Invesco Aerospace & Defense ETF in the 3rd quarter worth $46,000. Assetmark Inc. acquired a new stake in shares of Invesco Aerospace & Defense ETF during the third quarter worth $54,000. Finally, Continuum Advisory LLC increased its holdings in Invesco Aerospace & Defense ETF by 47.6% in the third quarter. Continuum Advisory LLC now owns 465 shares of the company’s stock valued at $55,000 after purchasing an additional 150 shares during the last quarter.

Invesco Aerospace & Defense ETF Trading Down 1.6 %

NYSEARCA:PPA opened at $120.31 on Tuesday. Invesco Aerospace & Defense ETF has a 1-year low of $90.67 and a 1-year high of $124.89. The firm has a market capitalization of $3.75 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. The business’s 50-day moving average price is $118.02 and its two-hundred day moving average price is $114.46.

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.