Cadent Capital Advisors LLC Invests $241,000 in Invesco Aerospace & Defense ETF $PPA

Cadent Capital Advisors LLC acquired a new position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 1,701 shares of the company’s stock, valued at approximately $241,000.

A number of other institutional investors have also made changes to their positions in the business. LPL Financial LLC increased its stake in shares of Invesco Aerospace & Defense ETF by 1.2% in the first quarter. LPL Financial LLC now owns 1,452,559 shares of the company’s stock worth $169,296,000 after purchasing an additional 17,921 shares during the period. HighTower Advisors LLC increased its stake in shares of Invesco Aerospace & Defense ETF by 0.6% in the first quarter. HighTower Advisors LLC now owns 499,414 shares of the company’s stock worth $58,207,000 after purchasing an additional 3,150 shares during the period. Capital Asset Advisory Services LLC increased its stake in shares of Invesco Aerospace & Defense ETF by 3.9% in the second quarter. Capital Asset Advisory Services LLC now owns 360,983 shares of the company’s stock worth $50,473,000 after purchasing an additional 13,405 shares during the period. Cetera Investment Advisers increased its stake in Invesco Aerospace & Defense ETF by 16.3% during the first quarter. Cetera Investment Advisers now owns 279,660 shares of the company’s stock valued at $32,594,000 after acquiring an additional 39,268 shares during the period. Finally, Aurora Private Wealth Inc. increased its stake in Invesco Aerospace & Defense ETF by 11,555.0% during the first quarter. Aurora Private Wealth Inc. now owns 273,543 shares of the company’s stock valued at $31,881,000 after acquiring an additional 271,196 shares during the period.

Invesco Aerospace & Defense ETF Stock Down 0.3%

Shares of PPA opened at $150.72 on Friday. Invesco Aerospace & Defense ETF has a 12-month low of $100.39 and a 12-month high of $153.67. The firm has a market capitalization of $6.22 billion, a price-to-earnings ratio of 30.91 and a beta of 0.98. The stock’s 50-day moving average price is $147.76 and its 200 day moving average price is $134.22.

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.