Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Shares Acquired by Beck Capital Management LLC

Beck Capital Management LLC increased its stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 0.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,027 shares of the company’s stock after purchasing an additional 457 shares during the quarter. Invesco Aerospace & Defense ETF makes up 2.2% of Beck Capital Management LLC’s investment portfolio, making the stock its 9th largest holding. Beck Capital Management LLC owned about 0.22% of Invesco Aerospace & Defense ETF worth $8,051,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also made changes to their positions in the company. Howe & Rusling Inc. purchased a new stake in Invesco Aerospace & Defense ETF in the 3rd quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Invesco Aerospace & Defense ETF in the 2nd quarter valued at about $42,000. Eastern Bank purchased a new stake in shares of Invesco Aerospace & Defense ETF in the third quarter worth approximately $46,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Invesco Aerospace & Defense ETF during the first quarter worth approximately $54,000. Finally, Assetmark Inc. purchased a new position in Invesco Aerospace & Defense ETF during the third quarter valued at approximately $54,000.

Invesco Aerospace & Defense ETF Stock Performance

Invesco Aerospace & Defense ETF stock opened at $121.39 on Monday. Invesco Aerospace & Defense ETF has a twelve month low of $86.88 and a twelve month high of $124.89. The firm has a market cap of $3.78 billion, a PE ratio of 33.87 and a beta of 0.73. The firm’s 50 day moving average price is $117.76 and its two-hundred day moving average price is $110.59.

About Invesco Aerospace & Defense ETF

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.