American Institute for Advanced Investment Management LLP Purchases 2,060 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

American Institute for Advanced Investment Management LLP lifted its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 16.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,420 shares of the company’s stock after purchasing an additional 2,060 shares during the period. Invesco Aerospace & Defense ETF comprises 1.2% of American Institute for Advanced Investment Management LLP’s portfolio, making the stock its 20th largest holding. American Institute for Advanced Investment Management LLP’s holdings in Invesco Aerospace & Defense ETF were worth $1,658,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Beacon Capital Management LLC lifted its holdings in shares of Invesco Aerospace & Defense ETF by 31.6% in the first quarter. Beacon Capital Management LLC now owns 416 shares of the company’s stock worth $42,000 after buying an additional 100 shares in the last quarter. Signaturefd LLC lifted its stake in Invesco Aerospace & Defense ETF by 19.2% in the 2nd quarter. Signaturefd LLC now owns 664 shares of the company’s stock worth $68,000 after purchasing an additional 107 shares in the last quarter. New Century Financial Group LLC boosted its holdings in shares of Invesco Aerospace & Defense ETF by 1.2% during the 3rd quarter. New Century Financial Group LLC now owns 10,010 shares of the company’s stock valued at $1,151,000 after purchasing an additional 117 shares during the last quarter. Bright Futures Wealth Management LLC. lifted its position in shares of Invesco Aerospace & Defense ETF by 1.8% in the second quarter. Bright Futures Wealth Management LLC. now owns 8,635 shares of the company’s stock worth $909,000 after buying an additional 155 shares in the last quarter. Finally, XML Financial LLC boosted its stake in Invesco Aerospace & Defense ETF by 6.6% during the second quarter. XML Financial LLC now owns 3,113 shares of the company’s stock valued at $320,000 after buying an additional 192 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Performance

NYSEARCA:PPA traded down $0.31 during trading hours on Thursday, reaching $116.85. The stock had a trading volume of 72,469 shares, compared to its average volume of 167,950. The stock has a market capitalization of $3.64 billion, a PE ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 52 week low of $79.33 and a 52 week high of $120.16. The company has a 50 day moving average price of $113.63 and a two-hundred day moving average price of $107.23.

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.