Brookwood Investment Group LLC Purchases New Position in Invesco Aerospace & Defense ETF $PPA

Brookwood Investment Group LLC purchased a new stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,415 shares of the company’s stock, valued at approximately $535,000.

Other hedge funds also recently bought and sold shares of the company. Tempus Wealth Planning LLC lifted its stake in shares of Invesco Aerospace & Defense ETF by 348.6% in the 3rd quarter. Tempus Wealth Planning LLC now owns 16,395 shares of the company’s stock valued at $2,549,000 after purchasing an additional 12,740 shares during the period. Detalus Advisors LLC purchased a new stake in Invesco Aerospace & Defense ETF in the third quarter worth $4,441,000. Warner Group LLC purchased a new stake in Invesco Aerospace & Defense ETF in the third quarter worth $6,753,000. CWM LLC raised its holdings in Invesco Aerospace & Defense ETF by 67.7% in the third quarter. CWM LLC now owns 30,709 shares of the company’s stock worth $4,774,000 after purchasing an additional 12,394 shares in the last quarter. Finally, Thrivent Financial for Lutherans bought a new position in Invesco Aerospace & Defense ETF in the second quarter worth $2,189,000.

Invesco Aerospace & Defense ETF Trading Down 0.7%

Shares of PPA stock opened at $174.36 on Friday. Invesco Aerospace & Defense ETF has a 12 month low of $111.44 and a 12 month high of $186.30. The stock has a market cap of $8.27 billion, a PE ratio of 30.91 and a beta of 0.78. The company’s fifty day moving average price is $174.92 and its 200-day moving average price is $164.25.

Invesco Aerospace & Defense ETF Company 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.