Fifth Third Bancorp Increases Stock Holdings in Invesco Aerospace & Defense ETF $PPA

Fifth Third Bancorp grew its stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 4,607.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,367 shares of the company’s stock after purchasing an additional 5,253 shares during the period. Fifth Third Bancorp’s holdings in Invesco Aerospace & Defense ETF were worth $889,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Bank of Montreal Can grew its position in Invesco Aerospace & Defense ETF by 0.4% in the 4th quarter. Bank of Montreal Can now owns 13,265 shares of the company’s stock valued at $2,078,000 after buying an additional 58 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its stake in Invesco Aerospace & Defense ETF by 0.7% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 8,481 shares of the company’s stock valued at $1,328,000 after buying an additional 60 shares during the period. Sanctuary Advisors LLC raised its position in Invesco Aerospace & Defense ETF by 0.5% during the 4th quarter. Sanctuary Advisors LLC now owns 11,237 shares of the company’s stock worth $1,760,000 after buying an additional 61 shares during the last quarter. Advisors Capital Management LLC raised its position in Invesco Aerospace & Defense ETF by 2.3% during the 4th quarter. Advisors Capital Management LLC now owns 2,731 shares of the company’s stock worth $428,000 after buying an additional 62 shares during the last quarter. Finally, Vontobel Holding Ltd. lifted its stake in shares of Invesco Aerospace & Defense ETF by 3.0% in the 4th quarter. Vontobel Holding Ltd. now owns 2,134 shares of the company’s stock worth $334,000 after acquiring an additional 63 shares during the period.

Invesco Aerospace & Defense ETF Stock Performance

PPA stock opened at $175.26 on Monday. The stock has a market capitalization of $8.28 billion, a PE ratio of 30.91 and a beta of 0.73. The company has a fifty day moving average of $173.11 and a 200-day moving average of $173.49. Invesco Aerospace & Defense ETF has a one year low of $142.07 and a one year 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.