Newbridge Financial Services Group Inc. Has $73,000 Stock Position in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Newbridge Financial Services Group Inc. increased its holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 29.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 637 shares of the company’s stock after acquiring an additional 146 shares during the period. Newbridge Financial Services Group Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $73,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. International Assets Investment Management LLC grew its stake in shares of Invesco Aerospace & Defense ETF by 10,225.1% in the 3rd quarter. International Assets Investment Management LLC now owns 278,674 shares of the company’s stock worth $32,039,000 after acquiring an additional 275,975 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in Invesco Aerospace & Defense ETF in the 3rd quarter worth about $9,775,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Invesco Aerospace & Defense ETF in the 3rd quarter valued at about $9,263,000. Raymond James & Associates increased its stake in Invesco Aerospace & Defense ETF by 20.8% in the 3rd quarter. Raymond James & Associates now owns 292,618 shares of the company’s stock valued at $33,642,000 after buying an additional 50,360 shares during 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 worth $26,112,000 after buying an additional 47,703 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Up 0.6 %

PPA stock opened at $120.51 on Tuesday. The firm has a market cap of $3.75 billion, a PE ratio of 33.87 and a beta of 0.73. The business has a 50 day moving average of $118.10 and a 200-day moving average of $115.48. Invesco Aerospace & Defense ETF has a 12-month low of $92.93 and a 12-month high of $124.89.

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.