Wealth Enhancement Advisory Services LLC Increases Holdings in Invesco Aerospace & Defense ETF $PPA

Wealth Enhancement Advisory Services LLC raised its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPAFree Report) by 32.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 16,900 shares of the company’s stock after buying an additional 4,106 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Invesco Aerospace & Defense ETF were worth $2,396,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in PPA. Milestone Investment Advisors LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF in the 1st quarter worth $25,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of Invesco Aerospace & Defense ETF in the 1st quarter worth $27,000. Banque Transatlantique SA purchased a new stake in shares of Invesco Aerospace & Defense ETF in the 1st quarter worth $32,000. Sound Income Strategies LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF in the 1st quarter worth $47,000. Finally, Fifth Third Bancorp increased its stake in shares of Invesco Aerospace & Defense ETF by 840.9% in the 1st quarter. Fifth Third Bancorp now owns 414 shares of the company’s stock worth $48,000 after purchasing an additional 370 shares in the last quarter.

Invesco Aerospace & Defense ETF Price Performance

NYSEARCA:PPA opened at $152.55 on Friday. The firm has a market capitalization of $6.30 billion, a price-to-earnings ratio of 30.91 and a beta of 0.98. Invesco Aerospace & Defense ETF has a one year low of $100.39 and a one year high of $153.67. The business has a fifty day moving average price of $147.88 and a 200-day moving average price of $134.62.

About Invesco Aerospace & Defense ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

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