Ausdal Financial Partners Inc. Acquires 696 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Ausdal Financial Partners Inc. boosted its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 7.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,540 shares of the company’s stock after buying an additional 696 shares during the period. Ausdal Financial Partners Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $1,095,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Thrivent Financial for Lutherans lifted its stake in shares of Invesco Aerospace & Defense ETF by 11.8% in the third quarter. Thrivent Financial for Lutherans now owns 11,769 shares of the company’s stock valued at $1,353,000 after buying an additional 1,238 shares during the period. Kingsview Wealth Management LLC grew its holdings in shares of Invesco Aerospace & Defense ETF by 20.5% during the 3rd quarter. Kingsview Wealth Management LLC now owns 5,306 shares of the company’s stock worth $610,000 after purchasing an additional 904 shares in the last quarter. FMR LLC increased its position in shares of Invesco Aerospace & Defense ETF by 26.6% during the third quarter. FMR LLC now owns 7,061 shares of the company’s stock valued at $812,000 after purchasing an additional 1,482 shares during the period. National Wealth Management Group LLC increased its position in shares of Invesco Aerospace & Defense ETF by 2.2% during the third quarter. National Wealth Management Group LLC now owns 5,393 shares of the company’s stock valued at $620,000 after purchasing an additional 116 shares during the period. Finally, Captrust Financial Advisors raised its stake in shares of Invesco Aerospace & Defense ETF by 8.0% in the third quarter. Captrust Financial Advisors now owns 7,661 shares of the company’s stock valued at $881,000 after purchasing an additional 569 shares in the last quarter.

Invesco Aerospace & Defense ETF Price Performance

PPA opened at $119.46 on Thursday. The company has a market capitalization of $4.71 billion, a P/E ratio of 27.08 and a beta of 0.95. The firm’s fifty day moving average price is $118.04 and its two-hundred day moving average price is $117.20. Invesco Aerospace & Defense ETF has a fifty-two week low of $97.64 and a fifty-two week high of $124.89.

Invesco Aerospace & Defense ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be paid a $0.0489 dividend. The ex-dividend date is Monday, March 24th.

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.