Bank of America Corp DE Acquires 173,290 Shares of Invesco Aerospace & Defense ETF $PPA

Bank of America Corp DE lifted its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 2.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,668,214 shares of the company’s stock after purchasing an additional 173,290 shares during the quarter. Bank of America Corp DE owned approximately 0.18% of Invesco Aerospace & Defense ETF worth $1,192,024,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. UBS Group AG lifted its stake in shares of Invesco Aerospace & Defense ETF by 5.9% in the 3rd quarter. UBS Group AG now owns 825,841 shares of the company’s stock valued at $128,377,000 after purchasing an additional 46,319 shares during the last quarter. HighTower Advisors LLC boosted its holdings in Invesco Aerospace & Defense ETF by 8.2% in the third quarter. HighTower Advisors LLC now owns 536,086 shares of the company’s stock worth $83,338,000 after purchasing an additional 40,640 shares in the last quarter. Raymond James Financial Inc. increased its position in Invesco Aerospace & Defense ETF by 4.8% during the third quarter. Raymond James Financial Inc. now owns 460,471 shares of the company’s stock worth $71,580,000 after buying an additional 20,948 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in Invesco Aerospace & Defense ETF by 43.6% during the third quarter. Ameriprise Financial Inc. now owns 400,922 shares of the company’s stock valued at $62,303,000 after buying an additional 121,776 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in Invesco Aerospace & Defense ETF by 66.6% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 246,697 shares of the company’s stock valued at $38,349,000 after buying an additional 98,597 shares in the last quarter.

Invesco Aerospace & Defense ETF Price Performance

Shares of NYSEARCA:PPA opened at $175.32 on Tuesday. The stock has a market capitalization of $7.85 billion, a P/E ratio of 30.91 and a beta of 0.87. The business has a 50-day moving average of $176.74 and a two-hundred day moving average of $161.59. Invesco Aerospace & Defense ETF has a fifty-two week low of $100.39 and a fifty-two week high of $186.30.

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. 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.