Thurston Springer Miller Herd & Titak Inc. Takes Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 412 shares of the company’s stock, valued at approximately $42,000.

Other hedge funds have also modified their holdings of the company. International Assets Investment Management LLC increased its holdings in Invesco Aerospace & Defense ETF by 9,361.6% in the fourth quarter. International Assets Investment Management LLC now owns 244,582 shares of the company’s stock valued at $22,541,000 after buying an additional 241,997 shares during the last quarter. Sowell Financial Services LLC purchased a new position in shares of Invesco Aerospace & Defense ETF during the fourth quarter worth about $929,000. Allworth Financial LP grew its holdings in shares of Invesco Aerospace & Defense ETF by 13.4% during the fourth quarter. Allworth Financial LP now owns 1,692 shares of the company’s stock worth $156,000 after purchasing an additional 200 shares during the last quarter. Prime Capital Investment Advisors LLC grew its holdings in shares of Invesco Aerospace & Defense ETF by 5.9% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 4,669 shares of the company’s stock worth $430,000 after buying an additional 262 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. grew its holdings in shares of Invesco Aerospace & Defense ETF by 51.9% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 1,916 shares of the company’s stock worth $176,000 after buying an additional 655 shares during the last quarter.

Invesco Aerospace & Defense ETF Trading Up 0.8 %

Shares of NYSEARCA PPA traded up $0.81 during midday trading on Tuesday, reaching $104.13. 190,922 shares of the company were exchanged, compared to its average volume of 147,264. Invesco Aerospace & Defense ETF has a 1 year low of $77.50 and a 1 year high of $110.26. The stock has a fifty day simple moving average of $104.49 and a 200 day simple moving average of $100.86. The stock has a market cap of $3.24 billion, a P/E ratio of 33.87 and a beta of 0.73.

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.