Summit Trail Advisors LLC Has $61.78 Million Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Summit Trail Advisors LLC boosted its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 1.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 538,504 shares of the company’s stock after acquiring an additional 5,927 shares during the period. Invesco Aerospace & Defense ETF accounts for approximately 2.3% of Summit Trail Advisors LLC’s portfolio, making the stock its 6th largest holding. Summit Trail Advisors LLC owned approximately 1.73% of Invesco Aerospace & Defense ETF worth $61,783,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in PPA. CWM LLC lifted its position in shares of Invesco Aerospace & Defense ETF by 16.3% during the third quarter. CWM LLC now owns 8,996 shares of the company’s stock worth $1,034,000 after acquiring an additional 1,261 shares in the last quarter. Armstrong Advisory Group Inc. raised its stake in shares of Invesco Aerospace & Defense ETF by 14.6% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 3,165 shares of the company’s stock valued at $364,000 after purchasing an additional 403 shares during the period. ORG Partners LLC lifted its holdings in Invesco Aerospace & Defense ETF by 2,650.0% during the 3rd quarter. ORG Partners LLC now owns 550 shares of the company’s stock worth $63,000 after purchasing an additional 530 shares in the last quarter. Creative Planning boosted its stake in Invesco Aerospace & Defense ETF by 305.2% in the 3rd quarter. Creative Planning now owns 15,606 shares of the company’s stock worth $1,794,000 after purchasing an additional 11,755 shares during the period. Finally, NBC Securities Inc. grew its holdings in Invesco Aerospace & Defense ETF by 17.1% during the 3rd quarter. NBC Securities Inc. now owns 5,350 shares of the company’s stock valued at $615,000 after buying an additional 780 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Up 0.6 %

Shares of PPA opened at $120.51 on Tuesday. Invesco Aerospace & Defense ETF has a twelve month low of $92.93 and a twelve month high of $124.89. The stock has a market cap of $3.75 billion, a PE ratio of 33.87 and a beta of 0.73. The business’s 50-day moving average price is $118.10 and its 200-day moving average price is $115.48.

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.