40,136 Shares in Invesco Aerospace & Defense ETF $PPA Bought by Artesa Financial Group LLC

Artesa Financial Group LLC acquired a new position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 40,136 shares of the company’s stock, valued at approximately $6,287,000. Invesco Aerospace & Defense ETF comprises 6.5% of Artesa Financial Group LLC’s investment portfolio, making the stock its 5th biggest position.

A number of other hedge funds have also recently made changes to their positions in PPA. Goldman Sachs Group Inc. increased its position in Invesco Aerospace & Defense ETF by 208.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 30,874 shares of the company’s stock valued at $3,598,000 after buying an additional 20,869 shares in the last quarter. JPMorgan Chase & Co. increased its position in Invesco Aerospace & Defense ETF by 14.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 38,989 shares of the company’s stock valued at $5,524,000 after buying an additional 4,915 shares in the last quarter. Walleye Capital LLC acquired a new position in Invesco Aerospace & Defense ETF during the 2nd quarter valued at about $318,000. Cerity Partners LLC increased its position in Invesco Aerospace & Defense ETF by 24.6% during the 2nd quarter. Cerity Partners LLC now owns 23,863 shares of the company’s stock valued at $3,384,000 after buying an additional 4,706 shares in the last quarter. Finally, Qube Research & Technologies Ltd increased its position in Invesco Aerospace & Defense ETF by 19.9% during the 2nd quarter. Qube Research & Technologies Ltd now owns 19,844 shares of the company’s stock valued at $2,812,000 after buying an additional 3,294 shares in the last quarter.

Invesco Aerospace & Defense ETF Price Performance

Shares of NYSEARCA:PPA opened at $171.75 on Wednesday. The business’s 50-day moving average is $170.47 and its 200 day moving average is $168.81. Invesco Aerospace & Defense ETF has a 1 year low of $132.54 and a 1 year high of $186.30. The firm has a market capitalization of $8.21 billion, a P/E ratio of 30.91 and a beta of 0.73.

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.