13,723 Shares in Invesco Aerospace & Defense ETF $PPA Acquired by Victory Financial Group LLC

Victory Financial Group LLC bought a new stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 13,723 shares of the company’s stock, valued at approximately $2,122,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ashton Thomas Securities LLC grew its holdings in shares of Invesco Aerospace & Defense ETF by 2.1% in the third quarter. Ashton Thomas Securities LLC now owns 12,345 shares of the company’s stock worth $1,909,000 after acquiring an additional 254 shares during the period. Oppenheimer & Co. Inc. boosted its position in Invesco Aerospace & Defense ETF by 3.2% in the third quarter. Oppenheimer & Co. Inc. now owns 25,105 shares of the company’s stock worth $3,882,000 after purchasing an additional 786 shares during the last quarter. Kingswood Wealth Advisors LLC boosted its position in Invesco Aerospace & Defense ETF by 0.4% in the third quarter. Kingswood Wealth Advisors LLC now owns 17,762 shares of the company’s stock worth $2,746,000 after purchasing an additional 71 shares during the last quarter. BIP Wealth LLC boosted its position in Invesco Aerospace & Defense ETF by 4.6% in the third quarter. BIP Wealth LLC now owns 8,442 shares of the company’s stock worth $1,305,000 after purchasing an additional 372 shares during the last quarter. Finally, CMH Wealth Management LLC boosted its position in Invesco Aerospace & Defense ETF by 4.1% in the third quarter. CMH Wealth Management LLC now owns 44,823 shares of the company’s stock worth $6,931,000 after purchasing an additional 1,778 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Down 0.8%

Invesco Aerospace & Defense ETF stock opened at $156.87 on Wednesday. The business has a 50-day simple moving average of $161.05 and a two-hundred day simple moving average of $170.95. The company has a market cap of $7.43 billion, a P/E ratio of 30.91 and a beta of 0.75. Invesco Aerospace & Defense ETF has a 52-week low of $144.29 and a 52-week high of $186.30.

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. 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.