VisionPoint Advisory Group LLC Buys Shares of 711 Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

VisionPoint Advisory Group LLC acquired a new position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 711 shares of the company’s stock, valued at approximately $81,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Pacific Sun Financial Corp grew its position in shares of Invesco Aerospace & Defense ETF by 1.0% in the 4th quarter. Pacific Sun Financial Corp now owns 28,539 shares of the company’s stock worth $3,274,000 after buying an additional 273 shares during the last quarter. Financial Sense Advisors Inc. grew its position in shares of Invesco Aerospace & Defense ETF by 67.5% in the 4th quarter. Financial Sense Advisors Inc. now owns 16,583 shares of the company’s stock worth $1,903,000 after buying an additional 6,682 shares during the last quarter. Private Advisor Group LLC grew its position in shares of Invesco Aerospace & Defense ETF by 20.9% in the 4th quarter. Private Advisor Group LLC now owns 80,991 shares of the company’s stock worth $9,292,000 after buying an additional 13,984 shares during the last quarter. Global Retirement Partners LLC grew its position in shares of Invesco Aerospace & Defense ETF by 59.1% in the 4th quarter. Global Retirement Partners LLC now owns 6,392 shares of the company’s stock worth $733,000 after buying an additional 2,374 shares during the last quarter. Finally, Valley Wealth Managers Inc. grew its position in shares of Invesco Aerospace & Defense ETF by 12.3% in the 4th quarter. Valley Wealth Managers Inc. now owns 92,872 shares of the company’s stock worth $10,655,000 after buying an additional 10,193 shares during the last quarter.

Invesco Aerospace & Defense ETF Stock Down 2.1 %

Shares of Invesco Aerospace & Defense ETF stock opened at $114.09 on Friday. The firm’s 50 day moving average price is $117.82 and its 200-day moving average price is $116.12. Invesco Aerospace & Defense ETF has a 52-week low of $95.63 and a 52-week high of $124.89. The company has a market cap of $4.58 billion, a P/E ratio of 27.41 and a beta of 0.96.

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.