Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Shares Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. grew its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 6.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,147 shares of the company’s stock after acquiring an additional 1,982 shares during the period. Oppenheimer & Co. Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $3,811,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Eastern Bank acquired a new position in shares of Invesco Aerospace & Defense ETF in the 3rd quarter worth approximately $46,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Invesco Aerospace & Defense ETF in the second quarter worth $42,000. Beacon Capital Management LLC increased its stake in Invesco Aerospace & Defense ETF by 31.6% during the first quarter. Beacon Capital Management LLC now owns 416 shares of the company’s stock valued at $42,000 after purchasing an additional 100 shares during the last quarter. Assetmark Inc. bought a new stake in Invesco Aerospace & Defense ETF during the third quarter valued at $54,000. Finally, EverSource Wealth Advisors LLC acquired a new stake in shares of Invesco Aerospace & Defense ETF during the first quarter worth $54,000.

Invesco Aerospace & Defense ETF Stock Performance

NYSEARCA PPA opened at $117.67 on Friday. The company has a 50-day simple moving average of $116.11 and a 200-day simple moving average of $109.37. Invesco Aerospace & Defense ETF has a one year low of $85.89 and a one year high of $124.89. The firm has a market capitalization of $3.67 billion, a PE ratio of 33.87 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.