Transcendent Capital Group LLC Purchases Shares of 29,866 Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Transcendent Capital Group LLC acquired a new position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 29,866 shares of the company’s stock, valued at approximately $3,434,000. Invesco Aerospace & Defense ETF accounts for 1.8% of Transcendent Capital Group LLC’s portfolio, making the stock its 16th biggest position.

Other large investors have also made changes to their positions in the company. International Assets Investment Management LLC grew its position in Invesco Aerospace & Defense ETF by 10,225.1% during 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 in the last quarter. Cetera Investment Advisers grew its holdings in shares of Invesco Aerospace & Defense ETF by 1,146.0% during the 1st quarter. Cetera Investment Advisers now owns 225,518 shares of the company’s stock worth $22,906,000 after purchasing an additional 207,419 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Invesco Aerospace & Defense ETF by 15.6% during the 2nd quarter. LPL Financial LLC now owns 1,372,803 shares of the company’s stock worth $141,014,000 after purchasing an additional 184,961 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of Invesco Aerospace & Defense ETF during the third quarter valued at approximately $9,775,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Invesco Aerospace & Defense ETF in the third quarter valued at $9,263,000.

Invesco Aerospace & Defense ETF Price Performance

PPA opened at $123.13 on Friday. Invesco Aerospace & Defense ETF has a fifty-two week low of $83.45 and a fifty-two week high of $123.58. The company has a market capitalization of $3.84 billion, a P/E ratio of 33.87 and a beta of 0.73. The firm’s fifty day moving average price is $115.01 and its two-hundred day moving average price is $108.71.

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.