711 Shares in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Acquired by VisionPoint Advisory Group LLC

VisionPoint Advisory Group LLC bought a new position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 711 shares of the company’s stock, valued at approximately $81,000.

A number of other institutional investors also recently bought and sold shares of the stock. Pacific Sun Financial Corp boosted its stake in Invesco Aerospace & Defense ETF by 1.0% in the 4th quarter. Pacific Sun Financial Corp now owns 28,539 shares of the company’s stock worth $3,274,000 after purchasing an additional 273 shares in the last quarter. Financial Sense Advisors Inc. boosted its stake in Invesco Aerospace & Defense ETF by 67.5% in the 4th quarter. Financial Sense Advisors Inc. now owns 16,583 shares of the company’s stock worth $1,903,000 after purchasing an additional 6,682 shares in the last quarter. Private Advisor Group LLC boosted its stake in Invesco Aerospace & Defense ETF by 20.9% in the 4th quarter. Private Advisor Group LLC now owns 80,991 shares of the company’s stock worth $9,292,000 after purchasing an additional 13,984 shares in the last quarter. Global Retirement Partners LLC boosted its stake in Invesco Aerospace & Defense ETF by 59.1% in the 4th quarter. Global Retirement Partners LLC now owns 6,392 shares of the company’s stock worth $733,000 after purchasing an additional 2,374 shares in the last quarter. Finally, Valley Wealth Managers Inc. lifted 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 acquiring an additional 10,193 shares during the period.

Invesco Aerospace & Defense ETF Trading Down 2.1 %

Shares of NYSEARCA PPA opened at $114.09 on Friday. Invesco Aerospace & Defense ETF has a 12 month low of $95.63 and a 12 month high of $124.89. The company has a 50 day simple moving average of $117.82 and a two-hundred day simple moving average of $116.12. The stock has a market cap of $4.58 billion, a price-to-earnings ratio of 27.41 and a beta of 0.96.

Invesco Aerospace & Defense ETF 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.