ORG Partners LLC Boosts Stake in Invesco Aerospace & Defense ETF $PPA

ORG Partners LLC boosted its stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 54.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,913 shares of the company’s stock after buying an additional 1,021 shares during the quarter. ORG Partners LLC’s holdings in Invesco Aerospace & Defense ETF were worth $407,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PPA. Aurora Private Wealth Inc. raised its holdings in Invesco Aerospace & Defense ETF by 11,555.0% in the 1st 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 last quarter. Kestra Advisory Services LLC increased its holdings in shares of Invesco Aerospace & Defense ETF by 563.3% during the 1st quarter. Kestra Advisory Services LLC now owns 270,057 shares of the company’s stock worth $31,475,000 after buying an additional 229,345 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Invesco Aerospace & Defense ETF by 11,555.1% during the 1st quarter. GAMMA Investing LLC now owns 49,534 shares of the company’s stock worth $57,730,000 after buying an additional 49,109 shares during the last quarter. Norden Group LLC acquired a new stake in shares of Invesco Aerospace & Defense ETF during the 2nd quarter worth approximately $6,645,000. Finally, Cetera Investment Advisers increased its holdings in shares of Invesco Aerospace & Defense ETF by 16.3% during the 1st quarter. Cetera Investment Advisers now owns 279,660 shares of the company’s stock worth $32,594,000 after buying an additional 39,268 shares during the last quarter.

Invesco Aerospace & Defense ETF Price Performance

Shares of NYSEARCA PPA opened at $152.55 on Friday. The company has a 50 day simple moving average of $147.88 and a 200-day simple moving average of $134.62. The company has a market capitalization of $6.30 billion, a P/E ratio of 30.91 and a beta of 0.98. Invesco Aerospace & Defense ETF has a 1 year low of $100.39 and a 1 year high of $153.67.

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.