Gateway Wealth Partners LLC Boosts Stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Gateway Wealth Partners LLC raised its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 16.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,753 shares of the company’s stock after acquiring an additional 528 shares during the period. Gateway Wealth Partners LLC’s holdings in Invesco Aerospace & Defense ETF were worth $431,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Valley Brook Capital Group Inc. increased its stake in Invesco Aerospace & Defense ETF by 3.3% in the third quarter. Valley Brook Capital Group Inc. now owns 2,781 shares of the company’s stock valued at $320,000 after acquiring an additional 90 shares during the last quarter. XML Financial LLC boosted its holdings in shares of Invesco Aerospace & Defense ETF by 3.0% in the 3rd quarter. XML Financial LLC now owns 3,205 shares of the company’s stock worth $368,000 after purchasing an additional 92 shares in the last quarter. Carr Financial Group Corp increased its position in shares of Invesco Aerospace & Defense ETF by 1.1% during the 3rd quarter. Carr Financial Group Corp now owns 9,650 shares of the company’s stock valued at $1,109,000 after purchasing an additional 102 shares during the last quarter. Glass Jacobson Investment Advisors llc increased its position in shares of Invesco Aerospace & Defense ETF by 50.5% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock valued at $35,000 after purchasing an additional 102 shares during the last quarter. Finally, National Wealth Management Group LLC raised its holdings in shares of Invesco Aerospace & Defense ETF by 2.2% during the 3rd quarter. National Wealth Management Group LLC now owns 5,393 shares of the company’s stock valued at $620,000 after buying an additional 116 shares in the last quarter.

Invesco Aerospace & Defense ETF Price Performance

Shares of PPA opened at $118.65 on Thursday. Invesco Aerospace & Defense ETF has a 1 year low of $90.93 and a 1 year high of $124.89. The stock has a 50 day simple moving average of $118.12 and a two-hundred day simple moving average of $114.71. The firm has a market cap of $3.70 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.