Bluedoor Private Wealth LLC Makes New Investment in Invesco Aerospace & Defense ETF $PPA

Bluedoor Private Wealth 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 Securities & Exchange Commission. The institutional investor acquired 4,535 shares of the company’s stock, valued at approximately $710,000.

Other large investors also recently added to or reduced their stakes in the company. BOK Financial Private Wealth Inc. raised its position in Invesco Aerospace & Defense ETF by 84.2% during the third quarter. BOK Financial Private Wealth Inc. now owns 175 shares of the company’s stock worth $27,000 after acquiring an additional 80 shares during the period. eCIO Inc. acquired a new position in Invesco Aerospace & Defense ETF during the fourth quarter worth $28,000. EPG Wealth Management LLC acquired a new position in Invesco Aerospace & Defense ETF during the fourth quarter worth $31,000. Y.D. More Investments Ltd raised its position in Invesco Aerospace & Defense ETF by 720.0% during the fourth quarter. Y.D. More Investments Ltd now owns 205 shares of the company’s stock worth $32,000 after acquiring an additional 180 shares during the period. Finally, Binnacle Investments Inc raised its position in Invesco Aerospace & Defense ETF by 84.2% during the second quarter. Binnacle Investments Inc now owns 210 shares of the company’s stock worth $30,000 after acquiring an additional 96 shares during the period.

Invesco Aerospace & Defense ETF Stock Performance

NYSEARCA:PPA opened at $175.81 on Tuesday. The company has a fifty day moving average of $171.05 and a two-hundred day moving average of $169.55. The stock has a market capitalization of $8.41 billion, a PE ratio of 30.91 and a beta of 0.73. Invesco Aerospace & Defense ETF has a fifty-two week low of $133.95 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.