CoreCap Advisors LLC Purchases 4,197 Shares of Invesco Aerospace & Defense ETF $PPA

CoreCap Advisors LLC raised its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 185.2% in the 3rd quarter, Holdings Channel.com reports. The fund owned 6,463 shares of the company’s stock after buying an additional 4,197 shares during the period. CoreCap Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $1,005,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. National Wealth Management Group LLC increased its stake in Invesco Aerospace & Defense ETF by 1.3% in the 2nd quarter. National Wealth Management Group LLC now owns 5,445 shares of the company’s stock valued at $772,000 after buying an additional 71 shares during the last quarter. Ellis Investment Partners LLC increased its position in shares of Invesco Aerospace & Defense ETF by 0.5% in the second 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 last quarter. Smith Moore & CO. boosted its position in Invesco Aerospace & Defense ETF by 3.4% during the second quarter. Smith Moore & CO. now owns 2,347 shares of the company’s stock valued at $333,000 after purchasing an additional 77 shares during the last quarter. Guardian Asset Advisors LLC grew its stake in Invesco Aerospace & Defense ETF by 0.8% in the second quarter. Guardian Asset Advisors LLC now owns 10,512 shares of the company’s stock valued at $1,489,000 after purchasing an additional 79 shares in the last quarter. Finally, Sound Income Strategies LLC raised its stake in shares of 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 purchasing an additional 83 shares in the last quarter.

Invesco Aerospace & Defense ETF Trading Up 2.7%

NYSEARCA:PPA opened at $171.69 on Friday. The firm has a fifty day simple moving average of $154.69 and a 200 day simple moving average of $150.93. Invesco Aerospace & Defense ETF has a 1-year low of $100.39 and a 1-year high of $172.36. The stock has a market capitalization of $7.51 billion, a PE ratio of 30.91 and a beta of 0.87.

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.