Ring Mountain Capital LLC Purchases New Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Ring Mountain Capital LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 6,361 shares of the company’s stock, valued at approximately $730,000.

Several other hedge funds also recently added to or reduced their stakes in the company. Valley Brook Capital Group Inc. boosted its position in Invesco Aerospace & Defense ETF by 3.3% in the 3rd quarter. Valley Brook Capital Group Inc. now owns 2,781 shares of the company’s stock valued at $320,000 after buying an additional 90 shares during the period. XML Financial LLC boosted its position in Invesco Aerospace & Defense ETF by 3.0% in the 3rd quarter. XML Financial LLC now owns 3,205 shares of the company’s stock valued at $368,000 after buying an additional 92 shares during the period. Carr Financial Group Corp boosted its position in Invesco Aerospace & Defense ETF by 1.1% in the 3rd quarter. Carr Financial Group Corp now owns 9,650 shares of the company’s stock valued at $1,109,000 after buying an additional 102 shares during the period. Glass Jacobson Investment Advisors llc boosted its position in Invesco Aerospace & Defense ETF by 50.5% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock valued at $35,000 after buying an additional 102 shares during the period. Finally, National Wealth Management Group LLC boosted its position in Invesco Aerospace & Defense ETF by 2.2% in the 3rd quarter. National Wealth Management Group LLC now owns 5,393 shares of the company’s stock valued at $620,000 after buying an additional 116 shares during the period.

Invesco Aerospace & Defense ETF Price Performance

Invesco Aerospace & Defense ETF stock opened at $115.51 on Tuesday. The stock has a market cap of $4.64 billion, a price-to-earnings ratio of 27.41 and a beta of 0.96. Invesco Aerospace & Defense ETF has a 1 year low of $97.53 and a 1 year high of $124.89. The firm has a 50-day moving average of $117.70 and a two-hundred day moving average of $116.58.

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.