Hirtle Callaghan & Co LLC Acquires New Stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Hirtle Callaghan & Co LLC acquired a new stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 2,001 shares of the company’s stock, valued at approximately $230,000.

Several other institutional investors and hedge funds have also recently modified their holdings of PPA. Raymond James Financial Inc. purchased a new stake in shares of Invesco Aerospace & Defense ETF in the 4th quarter valued at $63,049,000. Intellus Advisors LLC acquired a new position in Invesco Aerospace & Defense ETF during the 4th quarter worth $7,583,000. Prasad Wealth Partners LLC acquired a new position in Invesco Aerospace & Defense ETF during the 4th quarter worth $6,828,000. Permanent Capital Management LP acquired a new position in Invesco Aerospace & Defense ETF during the 4th quarter worth $6,669,000. Finally, Corient Private Wealth LLC grew its stake in Invesco Aerospace & Defense ETF by 2,892.3% during the 4th quarter. Corient Private Wealth LLC now owns 57,453 shares of the company’s stock worth $6,592,000 after purchasing an additional 55,533 shares in the last quarter.

Invesco Aerospace & Defense ETF Price Performance

PPA opened at $117.52 on Monday. Invesco Aerospace & Defense ETF has a 12 month low of $97.64 and a 12 month high of $124.89. The stock has a market capitalization of $4.63 billion, a price-to-earnings ratio of 27.08 and a beta of 0.95. The business has a fifty day moving average price of $117.84 and a 200 day moving average price of $117.02.

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.