Assetmark Inc. Has $70,000 Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Assetmark Inc. lifted its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 29.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 608 shares of the company’s stock after acquiring an additional 140 shares during the period. Assetmark Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $70,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. LPL Financial LLC lifted its position in shares of Invesco Aerospace & Defense ETF by 1.5% during the 3rd quarter. LPL Financial LLC now owns 1,392,972 shares of the company’s stock valued at $160,150,000 after acquiring an additional 20,169 shares during the period. Summit Trail Advisors LLC increased its stake in Invesco Aerospace & Defense ETF by 1.1% during the 4th quarter. Summit Trail Advisors LLC now owns 538,504 shares of the company’s stock valued at $61,783,000 after purchasing an additional 5,927 shares in the last quarter. Capital Asset Advisory Services LLC increased its stake in Invesco Aerospace & Defense ETF by 2.1% during the 4th quarter. Capital Asset Advisory Services LLC now owns 347,703 shares of the company’s stock valued at $40,226,000 after purchasing an additional 7,007 shares in the last quarter. National Bank of Canada FI increased its stake in Invesco Aerospace & Defense ETF by 26.6% during the 3rd quarter. National Bank of Canada FI now owns 227,122 shares of the company’s stock valued at $26,112,000 after purchasing an additional 47,703 shares in the last quarter. Finally, Valley Wealth Managers Inc. increased its stake in Invesco Aerospace & Defense ETF by 12.3% during the 4th quarter. Valley Wealth Managers Inc. now owns 92,872 shares of the company’s stock valued at $10,655,000 after purchasing an additional 10,193 shares in the last quarter.

Invesco Aerospace & Defense ETF Trading Up 1.6 %

Shares of PPA stock opened at $115.69 on Friday. The firm has a market capitalization of $4.56 billion, a PE ratio of 27.08 and a beta of 0.95. The firm has a fifty day simple moving average of $117.51 and a two-hundred day simple moving average of $116.74. Invesco Aerospace & Defense ETF has a 12 month low of $97.64 and a 12 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.