Invesco Aerospace & Defense ETF $PPA Shares Acquired by Fifth Third Bancorp

Fifth Third Bancorp lifted its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 4,607.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,367 shares of the company’s stock after buying an additional 5,253 shares during the quarter. Fifth Third Bancorp’s holdings in Invesco Aerospace & Defense ETF were worth $889,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. raised its position in Invesco Aerospace & Defense ETF by 2,760.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,817,263 shares of the company’s stock worth $441,268,000 after acquiring an additional 2,718,777 shares in the last quarter. BNP Paribas Financial Markets boosted its position in shares of Invesco Aerospace & Defense ETF by 533.3% during the 3rd 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 in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Invesco Aerospace & Defense ETF by 43.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 400,922 shares of the company’s stock worth $62,303,000 after purchasing an additional 121,776 shares in the last quarter. Kestra Advisory Services LLC grew its stake in shares of Invesco Aerospace & Defense ETF by 136.8% during the 1st quarter. Kestra Advisory Services LLC now owns 153,727 shares of the company’s stock worth $25,473,000 after purchasing an additional 88,795 shares during the period. Finally, EFG International AG acquired a new position in shares of Invesco Aerospace & Defense ETF during the 4th quarter worth $13,799,000.

Invesco Aerospace & Defense ETF Price Performance

Shares of PPA opened at $175.26 on Monday. The company has a 50-day simple moving average of $173.11 and a 200-day simple moving average of $173.49. The company has a market capitalization of $8.28 billion, a PE ratio of 30.91 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 52-week low of $142.07 and a 52-week high of $186.30.

About Invesco Aerospace & Defense ETF

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.