Cadent Capital Advisors LLC Acquires 4,407 Shares of Invesco Aerospace & Defense ETF $PPA

Cadent Capital Advisors LLC raised its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 259.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,108 shares of the company’s stock after purchasing an additional 4,407 shares during the quarter. Cadent Capital Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $949,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco Aerospace & Defense ETF by 12.0% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 53,495 shares of the company’s stock worth $6,235,000 after buying an additional 5,731 shares during the period. Synovus Financial Corp raised its stake in Invesco Aerospace & Defense ETF by 4.4% during the first quarter. Synovus Financial Corp now owns 18,435 shares of the company’s stock worth $2,149,000 after acquiring an additional 782 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of Invesco Aerospace & Defense ETF by 8.9% during the first quarter. Royal Bank of Canada now owns 175,903 shares of the company’s stock valued at $20,501,000 after acquiring an additional 14,386 shares during the period. Federation des caisses Desjardins du Quebec boosted its stake in shares of Invesco Aerospace & Defense ETF by 8,844.6% in the 1st quarter. Federation des caisses Desjardins du Quebec now owns 31,306 shares of the company’s stock valued at $3,649,000 after purchasing an additional 30,956 shares in the last quarter. Finally, Aprio Wealth Management LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 49.5% in the 1st quarter. Aprio Wealth Management LLC now owns 7,228 shares of the company’s stock valued at $842,000 after purchasing an additional 2,392 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Up 0.2%

Shares of Invesco Aerospace & Defense ETF stock opened at $160.10 on Thursday. The stock has a market capitalization of $6.96 billion, a P/E ratio of 30.91 and a beta of 0.87. The company has a 50-day simple moving average of $153.35 and a 200 day simple moving average of $148.82. Invesco Aerospace & Defense ETF has a 12-month low of $100.39 and a 12-month high of $160.50.

Invesco Aerospace & Defense ETF 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.