Brookstone Capital Management Has $4.84 Million Holdings in Invesco Aerospace & Defense ETF $PPA

Brookstone Capital Management raised its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 19.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,866 shares of the company’s stock after purchasing an additional 4,950 shares during the period. Brookstone Capital Management owned 0.07% of Invesco Aerospace & Defense ETF worth $4,835,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in PPA. Evolution Wealth Management Inc. acquired a new position in Invesco Aerospace & Defense ETF in the second quarter worth approximately $26,000. BOK Financial Private Wealth Inc. lifted its stake in Invesco Aerospace & Defense ETF by 84.2% in the third quarter. BOK Financial Private Wealth Inc. now owns 175 shares of the company’s stock valued at $27,000 after acquiring an additional 80 shares during the last quarter. Binnacle Investments Inc lifted its stake in Invesco Aerospace & Defense ETF by 84.2% in the second quarter. Binnacle Investments Inc now owns 210 shares of the company’s stock valued at $30,000 after acquiring an additional 96 shares during the last quarter. Avalon Trust Co bought a new stake in Invesco Aerospace & Defense ETF in the third quarter worth approximately $47,000. Finally, Wealth Watch Advisors INC bought a new stake in Invesco Aerospace & Defense ETF in the third quarter worth approximately $49,000.

Invesco Aerospace & Defense ETF Stock Up 2.4%

Shares of PPA opened at $169.66 on Thursday. The firm has a market cap of $7.60 billion, a price-to-earnings ratio of 30.91 and a beta of 0.87. The company’s fifty day moving average is $175.43 and its 200-day moving average is $163.28. Invesco Aerospace & Defense ETF has a 12 month low of $100.39 and a 12 month high of $186.30.

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.