Total Clarity Wealth Management Inc. Has $1.88 Million Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Total Clarity Wealth Management Inc. lifted its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 208.9% during the second quarter, HoldingsChannel reports. The firm owned 18,326 shares of the company’s stock after acquiring an additional 12,393 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $1,882,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Invesco Aerospace & Defense ETF during the second quarter worth about $42,000. Beacon Capital Management LLC raised its position in shares of Invesco Aerospace & Defense ETF by 31.6% during the first quarter. Beacon Capital Management LLC now owns 416 shares of the company’s stock worth $42,000 after purchasing an additional 100 shares during the period. Creekmur Asset Management LLC acquired a new stake in Invesco Aerospace & Defense ETF in the 4th quarter valued at approximately $44,000. EverSource Wealth Advisors LLC acquired a new stake in Invesco Aerospace & Defense ETF in the 1st quarter valued at approximately $54,000. Finally, Signaturefd LLC raised its position in Invesco Aerospace & Defense ETF by 19.2% in the 2nd quarter. Signaturefd LLC now owns 664 shares of the company’s stock valued at $68,000 after buying an additional 107 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Performance

Shares of Invesco Aerospace & Defense ETF stock opened at $111.74 on Monday. The business’s 50 day simple moving average is $108.18 and its 200 day simple moving average is $104.10. Invesco Aerospace & Defense ETF has a 52-week low of $77.50 and a 52-week high of $113.60. The firm has a market cap of $3.48 billion, a PE ratio of 33.87 and a beta of 0.73.

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.