Private Portfolio Partners LLC Purchases Shares of 2,020 Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Private Portfolio Partners LLC acquired a new position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,020 shares of the company’s stock, valued at approximately $232,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PPA. FMR LLC lifted its stake in shares of Invesco Aerospace & Defense ETF by 26.6% in the 3rd 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. Captrust Financial Advisors grew its position in shares of Invesco Aerospace & Defense ETF by 8.0% during the 3rd quarter. Captrust Financial Advisors now owns 7,661 shares of the company’s stock worth $881,000 after buying an additional 569 shares during the period. Benjamin Edwards Inc. bought a new stake in shares of Invesco Aerospace & Defense ETF in the 3rd quarter valued at $647,000. Quantinno Capital Management LP increased its stake in shares of Invesco Aerospace & Defense ETF by 171.9% in the 3rd quarter. Quantinno Capital Management LP now owns 14,268 shares of the company’s stock valued at $1,640,000 after acquiring an additional 9,020 shares in the last quarter. Finally, National Bank of Canada FI lifted its position in shares of Invesco Aerospace & Defense ETF by 26.6% during the 3rd quarter. National Bank of Canada FI now owns 227,122 shares of the company’s stock valued at $26,112,000 after acquiring an additional 47,703 shares during the period.

Invesco Aerospace & Defense ETF Trading Up 1.3 %

Shares of NYSEARCA PPA opened at $118.82 on Thursday. Invesco Aerospace & Defense ETF has a 1-year low of $97.64 and a 1-year high of $124.89. The firm has a market capitalization of $4.66 billion, a P/E ratio of 28.07 and a beta of 0.95. The firm’s 50-day moving average price is $117.73 and its 200-day moving average price is $117.45.

Invesco Aerospace & Defense ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a dividend of $0.0489 per share. The ex-dividend date was Monday, March 24th.

About Invesco Aerospace & Defense ETF

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.