Invesco Aerospace & Defense ETF $PPA Shares Purchased by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC increased its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 2,714.4% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 17,365 shares of the company’s stock after purchasing an additional 16,748 shares during the period. EverSource Wealth Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $2,460,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in PPA. HighTower Advisors LLC lifted its stake in Invesco Aerospace & Defense ETF by 0.6% during the first quarter. HighTower Advisors LLC now owns 499,414 shares of the company’s stock worth $58,207,000 after purchasing an additional 3,150 shares in the last quarter. Capital Asset Advisory Services LLC raised its holdings in shares of Invesco Aerospace & Defense ETF by 3.9% in the 2nd quarter. Capital Asset Advisory Services LLC now owns 360,983 shares of the company’s stock valued at $50,473,000 after buying an additional 13,405 shares during the period. Axxcess Wealth Management LLC lifted its stake in Invesco Aerospace & Defense ETF by 3.4% during the 2nd quarter. Axxcess Wealth Management LLC now owns 358,675 shares of the company’s stock worth $50,821,000 after acquiring an additional 11,909 shares in the last quarter. Meitav Investment House Ltd. lifted its stake in Invesco Aerospace & Defense ETF by 2.1% during the 2nd quarter. Meitav Investment House Ltd. now owns 275,480 shares of the company’s stock worth $39,033,000 after acquiring an additional 5,634 shares in the last quarter. Finally, Kestra Advisory Services LLC boosted its holdings in Invesco Aerospace & Defense ETF by 563.3% during the 1st quarter. Kestra Advisory Services LLC now owns 270,057 shares of the company’s stock valued at $31,475,000 after acquiring an additional 229,345 shares during the period.

Invesco Aerospace & Defense ETF Price Performance

Shares of NYSEARCA:PPA opened at $151.85 on Friday. The firm has a market capitalization of $6.60 billion, a PE ratio of 30.91 and a beta of 0.87. The firm’s 50-day moving average is $153.71 and its two-hundred day moving average is $146.58. Invesco Aerospace & Defense ETF has a 1 year low of $100.39 and a 1 year high of $160.37.

Invesco Aerospace & Defense ETF Company 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.