Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Stock Position Raised by Pachira Investments Inc.

Pachira Investments Inc. boosted its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 39.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,926 shares of the company’s stock after purchasing an additional 832 shares during the period. Pachira Investments Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $336,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Park Avenue Securities LLC purchased a new position in shares of Invesco Aerospace & Defense ETF during the fourth quarter valued at $935,000. FMR LLC boosted its position in Invesco Aerospace & Defense ETF by 26.6% during the 3rd quarter. FMR LLC now owns 7,061 shares of the company’s stock worth $812,000 after acquiring an additional 1,482 shares during the period. JPMorgan Chase & Co. grew its stake in Invesco Aerospace & Defense ETF by 87.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 16,218 shares of the company’s stock valued at $1,865,000 after acquiring an additional 7,555 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Invesco Aerospace & Defense ETF by 7.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 91,667 shares of the company’s stock valued at $10,517,000 after purchasing an additional 6,648 shares during the period. Finally, Zacks Investment Management lifted its position in shares of Invesco Aerospace & Defense ETF by 5.1% in the third quarter. Zacks Investment Management now owns 2,627 shares of the company’s stock worth $302,000 after purchasing an additional 127 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Performance

PPA stock opened at $120.51 on Tuesday. The firm has a 50 day simple moving average of $118.10 and a 200 day simple moving average of $115.48. Invesco Aerospace & Defense ETF has a 52 week low of $92.93 and a 52 week high of $124.89. The stock has a market cap of $3.75 billion, a P/E ratio of 33.87 and a beta of 0.73.

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.