Atomi Financial Group Inc. Takes Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Atomi Financial Group Inc. bought a new position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,503 shares of the company’s stock, valued at approximately $1,090,000.

A number of other hedge funds have also recently added to or reduced their stakes in PPA. Valley Brook Capital Group Inc. grew its position in Invesco Aerospace & Defense ETF by 3.3% during the third quarter. Valley Brook Capital Group Inc. now owns 2,781 shares of the company’s stock valued at $320,000 after acquiring an additional 90 shares during the period. XML Financial LLC lifted its stake in shares of Invesco Aerospace & Defense ETF by 3.0% in the 3rd quarter. XML Financial LLC now owns 3,205 shares of the company’s stock valued at $368,000 after purchasing an additional 92 shares in the last quarter. Carr Financial Group Corp lifted its stake in shares of Invesco Aerospace & Defense ETF by 1.1% in the 3rd quarter. Carr Financial Group Corp now owns 9,650 shares of the company’s stock valued at $1,109,000 after purchasing an additional 102 shares in the last quarter. Glass Jacobson Investment Advisors llc grew its holdings in shares of Invesco Aerospace & Defense ETF by 50.5% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock worth $35,000 after purchasing an additional 102 shares during the period. Finally, National Wealth Management Group LLC increased its position in Invesco Aerospace & Defense ETF by 2.2% during the 3rd quarter. National Wealth Management Group LLC now owns 5,393 shares of the company’s stock worth $620,000 after purchasing an additional 116 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Performance

NYSEARCA PPA opened at $122.68 on Thursday. Invesco Aerospace & Defense ETF has a one year low of $89.74 and a one year high of $124.89. The company’s 50 day moving average price is $117.84 and its 200 day moving average price is $114.11. The firm has a market capitalization of $3.82 billion, a price-to-earnings 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.