Ellis Investment Partners LLC Raises Position in Invesco Aerospace & Defense ETF $PPA

Ellis Investment Partners LLC boosted its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 0.5% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,053 shares of the company’s stock after buying an additional 73 shares during the period. Ellis Investment Partners LLC’s holdings in Invesco Aerospace & Defense ETF were worth $2,274,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in PPA. Fifth Third Bancorp boosted its position in shares of Invesco Aerospace & Defense ETF by 840.9% during the 1st quarter. Fifth Third Bancorp now owns 414 shares of the company’s stock valued at $48,000 after acquiring an additional 370 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Invesco Aerospace & Defense ETF by 10.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 12,794 shares of the company’s stock valued at $1,491,000 after purchasing an additional 1,227 shares during the last quarter. American Institute for Advanced Investment Management LLP lifted its position in Invesco Aerospace & Defense ETF by 3.1% during the first quarter. American Institute for Advanced Investment Management LLP now owns 14,993 shares of the company’s stock valued at $1,747,000 after purchasing an additional 452 shares during the last quarter. Pacific Sun Financial Corp grew its stake in Invesco Aerospace & Defense ETF by 2.0% in the 1st quarter. Pacific Sun Financial Corp now owns 29,115 shares of the company’s stock worth $3,393,000 after buying an additional 576 shares in the last quarter. Finally, Sound Income Strategies LLC bought a new position in shares of Invesco Aerospace & Defense ETF in the 1st quarter worth $47,000.

Invesco Aerospace & Defense ETF Stock Performance

Invesco Aerospace & Defense ETF stock opened at $152.83 on Monday. Invesco Aerospace & Defense ETF has a fifty-two week low of $100.39 and a fifty-two week high of $159.96. The stock has a market cap of $6.59 billion, a P/E ratio of 30.91 and a beta of 0.98. The firm’s fifty day moving average price is $149.88 and its 200-day moving average price is $137.41.

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.