Thrivent Financial for Lutherans Invests $2.19 Million in Invesco Aerospace & Defense ETF $PPA

Thrivent Financial for Lutherans bought a new stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 15,450 shares of the company’s stock, valued at approximately $2,189,000.

Other large investors have also recently made changes to their positions in the company. Ellis Investment Partners LLC increased its position in Invesco Aerospace & Defense ETF by 0.5% during the second quarter. Ellis Investment Partners LLC now owns 16,053 shares of the company’s stock worth $2,274,000 after buying an additional 73 shares during the period. Smith Moore & CO. grew its position in shares of Invesco Aerospace & Defense ETF by 3.4% during the second quarter. Smith Moore & CO. now owns 2,347 shares of the company’s stock worth $333,000 after acquiring an additional 77 shares during the last quarter. Guardian Asset Advisors LLC increased its holdings in shares of Invesco Aerospace & Defense ETF by 0.8% in the 2nd quarter. Guardian Asset Advisors LLC now owns 10,512 shares of the company’s stock valued at $1,489,000 after acquiring an additional 79 shares during the period. Prospera Financial Services Inc increased its holdings in shares of Invesco Aerospace & Defense ETF by 0.5% in the 2nd quarter. Prospera Financial Services Inc now owns 17,537 shares of the company’s stock valued at $2,489,000 after acquiring an additional 94 shares during the period. Finally, Binnacle Investments Inc raised its position in Invesco Aerospace & Defense ETF by 84.2% in the 2nd quarter. Binnacle Investments Inc now owns 210 shares of the company’s stock valued at $30,000 after purchasing an additional 96 shares during the last quarter.

Invesco Aerospace & Defense ETF Price Performance

Shares of NYSEARCA:PPA opened at $159.83 on Wednesday. Invesco Aerospace & Defense ETF has a 1-year low of $100.39 and a 1-year high of $160.39. The stock has a market cap of $6.95 billion, a P/E ratio of 30.91 and a beta of 0.87. The firm has a fifty day moving average price of $153.23 and a 200 day moving average price of $148.74.

About Invesco Aerospace & Defense ETF

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. The modified market-cap portfolio is rebalanced quarterly and reconstituted annually. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.