Blue Zone Wealth Advisors LLC Buys Shares of 3,264 Invesco Aerospace & Defense ETF $PPA

Blue Zone Wealth Advisors LLC purchased a new stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,264 shares of the company’s stock, valued at approximately $507,000.

A number of other hedge funds also recently made changes to their positions in PPA. National Wealth Management Group LLC boosted its position in shares of Invesco Aerospace & Defense ETF by 1.3% during the second quarter. National Wealth Management Group LLC now owns 5,445 shares of the company’s stock worth $772,000 after buying an additional 71 shares during the period. Ellis Investment Partners LLC increased its position in Invesco Aerospace & Defense ETF by 0.5% in the 2nd quarter. Ellis Investment Partners LLC now owns 16,053 shares of the company’s stock valued at $2,274,000 after acquiring an additional 73 shares during the period. Smith Moore & CO. raised its stake in Invesco Aerospace & Defense ETF by 3.4% during the 2nd quarter. Smith Moore & CO. now owns 2,347 shares of the company’s stock valued at $333,000 after acquiring an additional 77 shares in the last quarter. Guardian Asset Advisors LLC boosted its position in Invesco Aerospace & Defense ETF by 0.8% during the 2nd quarter. Guardian Asset Advisors LLC now owns 10,512 shares of the company’s stock worth $1,489,000 after acquiring an additional 79 shares during the period. Finally, Sound Income Strategies LLC boosted its position in Invesco Aerospace & Defense ETF by 22.4% during the 3rd quarter. Sound Income Strategies LLC now owns 454 shares of the company’s stock worth $71,000 after acquiring an additional 83 shares during the period.

Invesco Aerospace & Defense ETF Stock Performance

Shares of PPA opened at $160.10 on Friday. The firm has a market capitalization of $6.96 billion, a price-to-earnings ratio of 30.91 and a beta of 0.87. Invesco Aerospace & Defense ETF has a one year low of $100.39 and a one year high of $160.50. The stock’s fifty day moving average is $153.50 and its 200-day moving average is $148.90.

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. The modified market-cap portfolio is rebalanced quarterly and reconstituted annually. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.