Assetmark Inc. Has $11.43 Million Position in Invesco Aerospace & Defense ETF $PPA

Assetmark Inc. increased its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 8,939.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 68,974 shares of the company’s stock after acquiring an additional 68,211 shares during the quarter. Assetmark Inc. owned approximately 0.14% of Invesco Aerospace & Defense ETF worth $11,429,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Goldman Sachs Group Inc. grew its stake in shares of Invesco Aerospace & Defense ETF by 208.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 30,874 shares of the company’s stock valued at $3,598,000 after buying an additional 20,869 shares during the period. JPMorgan Chase & Co. increased its position in Invesco Aerospace & Defense ETF by 14.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 38,989 shares of the company’s stock valued at $5,524,000 after buying an additional 4,915 shares in the last quarter. Walleye Capital LLC acquired a new position in Invesco Aerospace & Defense ETF during the 2nd quarter worth approximately $318,000. Cerity Partners LLC increased its holdings in shares of Invesco Aerospace & Defense ETF by 24.6% during the second quarter. Cerity Partners LLC now owns 23,863 shares of the company’s stock valued at $3,384,000 after acquiring an additional 4,706 shares in the last quarter. Finally, Qube Research & Technologies Ltd increased its position in shares of Invesco Aerospace & Defense ETF by 19.9% during the second quarter. Qube Research & Technologies Ltd now owns 19,844 shares of the company’s stock worth $2,812,000 after acquiring an additional 3,294 shares in the last quarter.

Invesco Aerospace & Defense ETF Trading Down 0.4%

Shares of Invesco Aerospace & Defense ETF stock opened at $167.83 on Tuesday. Invesco Aerospace & Defense ETF has a 12-month low of $142.07 and a 12-month high of $186.30. The stock has a fifty day simple moving average of $172.81 and a 200 day simple moving average of $173.15. The company has a market capitalization of $7.92 billion, a P/E ratio of 30.91 and a beta of 0.73.

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.