XML Financial LLC Raises Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

XML Financial LLC increased its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 14.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,664 shares of the company’s stock after buying an additional 459 shares during the quarter. XML Financial LLC’s holdings in Invesco Aerospace & Defense ETF were worth $420,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC grew its stake in shares of Invesco Aerospace & Defense ETF by 1.5% during the third quarter. LPL Financial LLC now owns 1,392,972 shares of the company’s stock worth $160,150,000 after acquiring an additional 20,169 shares during the last quarter. Axxcess Wealth Management LLC grew its position in Invesco Aerospace & Defense ETF by 3.3% during the 3rd quarter. Axxcess Wealth Management LLC now owns 347,210 shares of the company’s stock worth $39,919,000 after purchasing an additional 11,122 shares during the last quarter. Raymond James & Associates increased its stake in Invesco Aerospace & Defense ETF by 20.8% during the 3rd quarter. Raymond James & Associates now owns 292,618 shares of the company’s stock valued at $33,642,000 after purchasing an additional 50,360 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of Invesco Aerospace & Defense ETF by 10,225.1% in the third quarter. International Assets Investment Management LLC now owns 278,674 shares of the company’s stock worth $32,039,000 after buying an additional 275,975 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of Invesco Aerospace & Defense ETF by 8.2% during the second quarter. Cetera Investment Advisers now owns 244,062 shares of the company’s stock worth $25,070,000 after buying an additional 18,544 shares during the period.

Invesco Aerospace & Defense ETF Price Performance

NYSEARCA PPA opened at $122.68 on Thursday. The company has a market cap of $3.82 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. The stock’s fifty day moving average price is $117.84 and its 200 day moving average price is $114.11. Invesco Aerospace & Defense ETF has a 1 year low of $89.74 and a 1 year high of $124.89.

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.