JPMorgan Chase & Co. Purchases 8,523 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

JPMorgan Chase & Co. increased its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 52.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,741 shares of the company’s stock after acquiring an additional 8,523 shares during the period. JPMorgan Chase & Co. owned about 0.08% of Invesco Aerospace & Defense ETF worth $2,839,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Runnymede Capital Advisors Inc. bought a new position in shares of Invesco Aerospace & Defense ETF in the fourth quarter worth about $25,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Invesco Aerospace & Defense ETF by 41.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 584 shares of the company’s stock valued at $67,000 after purchasing an additional 172 shares in the last quarter. Assetmark Inc. raised its position in Invesco Aerospace & Defense ETF by 29.9% in the 4th quarter. Assetmark Inc. now owns 608 shares of the company’s stock worth $70,000 after purchasing an additional 140 shares during the last quarter. Newbridge Financial Services Group Inc. lifted its holdings in Invesco Aerospace & Defense ETF by 29.7% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 637 shares of the company’s stock worth $73,000 after buying an additional 146 shares in the last quarter. Finally, VisionPoint Advisory Group LLC acquired a new position in Invesco Aerospace & Defense ETF during the 4th quarter worth $81,000.

Invesco Aerospace & Defense ETF Stock Performance

NYSEARCA PPA opened at $113.40 on Wednesday. The stock has a market capitalization of $4.41 billion, a P/E ratio of 27.45 and a beta of 0.82. Invesco Aerospace & Defense ETF has a 52 week low of $98.71 and a 52 week high of $124.89. The stock has a fifty day moving average of $115.31 and a 200-day moving average of $117.27.

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.