Brookstone Capital Management Has $4.84 Million Holdings in Invesco Aerospace & Defense ETF $PPA

Brookstone Capital Management increased its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 19.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 30,866 shares of the company’s stock after acquiring an additional 4,950 shares during the period. Brookstone Capital Management’s holdings in Invesco Aerospace & Defense ETF were worth $4,835,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Bank of America Corp DE lifted its holdings in Invesco Aerospace & Defense ETF by 2.3% in the 3rd quarter. Bank of America Corp DE now owns 7,668,214 shares of the company’s stock worth $1,192,024,000 after purchasing an additional 173,290 shares during the last quarter. BNP Paribas Financial Markets boosted its position in Invesco Aerospace & Defense ETF by 533.3% during the third quarter. BNP Paribas Financial Markets now owns 190,000 shares of the company’s stock worth $29,536,000 after purchasing an additional 160,000 shares during the period. Ameriprise Financial Inc. grew 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 purchasing an additional 121,776 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew 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 purchasing an additional 98,597 shares during the last quarter. Finally, Quadrature Capital Ltd bought a new position in shares of Invesco Aerospace & Defense ETF in the third quarter valued at approximately $15,257,000.

Invesco Aerospace & Defense ETF Trading Up 2.4%

Shares of Invesco Aerospace & Defense ETF stock opened at $169.66 on Thursday. The firm has a fifty day simple moving average of $175.43 and a 200-day simple moving average of $163.28. Invesco Aerospace & Defense ETF has a 1-year low of $100.39 and a 1-year high of $186.30. The stock has a market capitalization of $7.60 billion, a price-to-earnings ratio of 30.91 and a beta of 0.87.

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.