Prime Capital Investment Advisors LLC Has $946,000 Stock Position in Invesco Aerospace & Defense ETF $PPA

Prime Capital Investment Advisors LLC reduced its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 16.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,680 shares of the company’s stock after selling 1,283 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $946,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of PPA. Aurora Private Wealth Inc. boosted its stake in shares of Invesco Aerospace & Defense ETF by 11,555.0% during the 1st quarter. Aurora Private Wealth Inc. now owns 273,543 shares of the company’s stock valued at $31,881,000 after buying an additional 271,196 shares during the period. Kestra Advisory Services LLC increased its stake in shares of Invesco Aerospace & Defense ETF by 563.3% in the first quarter. Kestra Advisory Services LLC now owns 270,057 shares of the company’s stock worth $31,475,000 after acquiring an additional 229,345 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Invesco Aerospace & Defense ETF during the second quarter worth $20,984,000. Norden Group LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF during the second quarter worth $6,645,000. Finally, Cetera Investment Advisers boosted its position in Invesco Aerospace & Defense ETF by 16.3% during the first quarter. Cetera Investment Advisers now owns 279,660 shares of the company’s stock valued at $32,594,000 after purchasing an additional 39,268 shares during the last quarter.

Invesco Aerospace & Defense ETF Price Performance

Shares of NYSEARCA PPA opened at $156.71 on Friday. Invesco Aerospace & Defense ETF has a one year low of $100.39 and a one year high of $159.96. The business’s 50-day moving average price is $149.73 and its two-hundred day moving average price is $136.93. The company has a market capitalization of $6.76 billion, a P/E ratio of 30.91 and a beta of 0.98.

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.