Invesco Aerospace & Defense ETF $PPA Stock Position Increased by Adapt Wealth Advisors LLC

Adapt Wealth Advisors LLC boosted its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 3.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 74,131 shares of the company’s stock after purchasing an additional 2,303 shares during the period. Invesco Aerospace & Defense ETF comprises 4.7% of Adapt Wealth Advisors LLC’s portfolio, making the stock its 6th largest holding. Adapt Wealth Advisors LLC owned about 0.18% of Invesco Aerospace & Defense ETF worth $10,504,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Kestra Private Wealth Services LLC boosted its holdings in Invesco Aerospace & Defense ETF by 19.7% during the 1st quarter. Kestra Private Wealth Services LLC now owns 2,567 shares of the company’s stock valued at $299,000 after acquiring an additional 422 shares during the period. Cerity Partners LLC increased its stake in Invesco Aerospace & Defense ETF by 63.9% during the first quarter. Cerity Partners LLC now owns 19,157 shares of the company’s stock worth $2,233,000 after purchasing an additional 7,471 shares during the period. Avantax Advisory Services Inc. lifted its position in shares of Invesco Aerospace & Defense ETF by 15.0% during the first quarter. Avantax Advisory Services Inc. now owns 2,815 shares of the company’s stock worth $328,000 after purchasing an additional 367 shares in the last quarter. ORG Partners LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 54.0% in the second quarter. ORG Partners LLC now owns 2,913 shares of the company’s stock valued at $407,000 after purchasing an additional 1,021 shares during the period. Finally, Janney Montgomery Scott LLC grew its holdings in shares of Invesco Aerospace & Defense ETF by 12.3% in the second quarter. Janney Montgomery Scott LLC now owns 31,829 shares of the company’s stock valued at $4,510,000 after purchasing an additional 3,496 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Up 0.2%

NYSEARCA:PPA opened at $150.85 on Friday. The company has a market cap of $6.56 billion, a price-to-earnings ratio of 30.91 and a beta of 0.87. Invesco Aerospace & Defense ETF has a 52 week low of $100.39 and a 52 week high of $160.37. The company has a fifty day simple moving average of $153.99 and a two-hundred day simple moving average of $144.51.

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.