Floyd Financial Group LLC Buys Shares of 14,025 Invesco Aerospace & Defense ETF $PPA

Floyd Financial Group LLC bought a new position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 14,025 shares of the company’s stock, valued at approximately $2,177,000. Invesco Aerospace & Defense ETF comprises about 1.6% of Floyd Financial Group LLC’s holdings, making the stock its 20th biggest position.

Other large investors also recently modified their holdings of the company. Benjamin Edwards Inc. grew its position in Invesco Aerospace & Defense ETF by 1.2% during the 3rd quarter. Benjamin Edwards Inc. now owns 5,724 shares of the company’s stock worth $891,000 after acquiring an additional 69 shares during the last quarter. National Wealth Management Group LLC boosted its stake in shares of Invesco Aerospace & Defense ETF by 1.3% during the second quarter. National Wealth Management Group LLC now owns 5,445 shares of the company’s stock valued at $772,000 after purchasing an additional 71 shares in the last quarter. Ellis Investment Partners LLC grew its holdings in shares of 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 purchasing an additional 73 shares during the last quarter. Smith Moore & CO. increased its stake in shares of Invesco Aerospace & Defense ETF by 3.4% in the second quarter. Smith Moore & CO. now owns 2,347 shares of the company’s stock valued at $333,000 after buying an additional 77 shares during the period. Finally, Guardian Asset Advisors LLC increased its stake in shares of Invesco Aerospace & Defense ETF by 0.8% in the second quarter. Guardian Asset Advisors LLC now owns 10,512 shares of the company’s stock valued at $1,489,000 after buying an additional 79 shares during the period.

Invesco Aerospace & Defense ETF Price Performance

Shares of NYSEARCA PPA opened at $180.82 on Tuesday. The company has a 50 day simple moving average of $157.48 and a 200 day simple moving average of $152.71. Invesco Aerospace & Defense ETF has a 1 year low of $100.39 and a 1 year high of $181.31. The firm has a market cap of $8.05 billion, a PE ratio of 30.91 and a beta of 0.87.

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. 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.