Kraft Davis & Associates LLC Has $1.95 Million Stock Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Kraft Davis & Associates LLC increased its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 2.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,102 shares of the company’s stock after acquiring an additional 394 shares during the period. Kraft Davis & Associates LLC’s holdings in Invesco Aerospace & Defense ETF were worth $1,948,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of PPA. International Assets Investment Management LLC boosted its holdings in shares of Invesco Aerospace & Defense ETF by 10,225.1% in the 3rd quarter. International Assets Investment Management LLC now owns 278,674 shares of the company’s stock valued at $32,039,000 after buying an additional 275,975 shares during the last quarter. Cetera Investment Advisers lifted its stake in Invesco Aerospace & Defense ETF by 1,146.0% in the first quarter. Cetera Investment Advisers now owns 225,518 shares of the company’s stock valued at $22,906,000 after acquiring an additional 207,419 shares during the last quarter. LPL Financial LLC grew its position in shares of Invesco Aerospace & Defense ETF by 15.6% in the 2nd quarter. LPL Financial LLC now owns 1,372,803 shares of the company’s stock valued at $141,014,000 after acquiring an additional 184,961 shares during the period. Janney Montgomery Scott LLC acquired a new position in shares of Invesco Aerospace & Defense ETF during the 3rd quarter worth about $9,775,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Invesco Aerospace & Defense ETF in the 3rd quarter valued at about $9,263,000.

Invesco Aerospace & Defense ETF Stock Up 0.6 %

Shares of NYSEARCA PPA opened at $117.77 on Wednesday. Invesco Aerospace & Defense ETF has a twelve month low of $86.25 and a twelve month high of $124.89. The company has a market cap of $3.67 billion, a PE ratio of 33.87 and a beta of 0.73. The business’s 50 day moving average price is $116.25 and its two-hundred day moving average price is $109.59.

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.