Citizens Financial Group Inc. RI Makes New $601,000 Investment in Invesco Aerospace & Defense ETF $PPA

Citizens Financial Group Inc. RI bought a new stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 3,626 shares of the company’s stock, valued at approximately $601,000.

Several other institutional investors also recently bought and sold shares of the stock. Goldman Sachs Group Inc. lifted its position in Invesco Aerospace & Defense ETF by 208.6% in the first quarter. Goldman Sachs Group Inc. now owns 30,874 shares of the company’s stock valued at $3,598,000 after purchasing an additional 20,869 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Invesco Aerospace & Defense ETF by 14.4% in the second quarter. JPMorgan Chase & Co. now owns 38,989 shares of the company’s stock worth $5,524,000 after buying an additional 4,915 shares during the period. Walleye Capital LLC purchased a new position in shares of Invesco Aerospace & Defense ETF in the second quarter worth $318,000. Cerity Partners LLC raised its holdings 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 during the last quarter. Finally, Qube Research & Technologies Ltd raised its holdings 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 during the last quarter.

Invesco Aerospace & Defense ETF Trading Up 0.1%

Shares of NYSEARCA:PPA opened at $171.88 on Thursday. The company has a market cap of $8.11 billion, a price-to-earnings ratio of 30.91 and a beta of 0.73. The company has a 50-day moving average price of $172.78 and a 200-day moving average price of $172.94. Invesco Aerospace & Defense ETF has a 12 month low of $142.07 and a 12 month 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.