Northstar Financial Companies Inc. Has $1.56 Million Holdings in Invesco Aerospace & Defense ETF $PPA

Northstar Financial Companies Inc. increased its position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 58.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,420 shares of the company’s stock after acquiring an additional 3,484 shares during the quarter. Invesco Aerospace & Defense ETF comprises about 1.2% of Northstar Financial Companies Inc.’s investment portfolio, making the stock its 23rd biggest position. Northstar Financial Companies Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $1,561,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. eCIO Inc. bought a new position in shares of Invesco Aerospace & Defense ETF in the fourth quarter worth about $28,000. Binnacle Investments Inc lifted its position in shares of Invesco Aerospace & Defense ETF by 84.2% during the 2nd quarter. Binnacle Investments Inc now owns 210 shares of the company’s stock worth $30,000 after purchasing an additional 96 shares during the last quarter. EPG Wealth Management LLC bought a new stake in Invesco Aerospace & Defense ETF during the 4th quarter valued at approximately $31,000. Y.D. More Investments Ltd boosted its stake in Invesco Aerospace & Defense ETF by 720.0% during the 4th quarter. Y.D. More Investments Ltd now owns 205 shares of the company’s stock valued at $32,000 after purchasing an additional 180 shares during the period. Finally, Bayban acquired a new stake in Invesco Aerospace & Defense ETF in the 4th quarter valued at approximately $38,000.

Invesco Aerospace & Defense ETF Stock Up 0.2%

Shares of NYSEARCA PPA opened at $171.70 on Wednesday. Invesco Aerospace & Defense ETF has a 12 month low of $142.07 and a 12 month high of $186.30. The company has a market cap of $8.10 billion, a P/E ratio of 30.91 and a beta of 0.73. The business’s 50 day moving average is $172.71 and its two-hundred day moving average is $172.86.

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. 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.