Janney Montgomery Scott LLC Acquires 1,312 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Janney Montgomery Scott LLC increased its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPAFree Report) by 1.8% in the third quarter, Holdings Channel reports. The firm owned 72,931 shares of the company’s stock after buying an additional 1,312 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Invesco Aerospace & Defense ETF were worth $5,820,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Bank of America Corp DE grew its stake in Invesco Aerospace & Defense ETF by 26.9% in the first quarter. Bank of America Corp DE now owns 1,523,866 shares of the company’s stock valued at $122,747,000 after acquiring an additional 322,581 shares during the period. CI Private Wealth LLC acquired a new position in Invesco Aerospace & Defense ETF in the fourth quarter valued at about $18,358,000. Morgan Stanley grew its stake in Invesco Aerospace & Defense ETF by 21.8% in the fourth quarter. Morgan Stanley now owns 1,119,246 shares of the company’s stock valued at $87,749,000 after acquiring an additional 200,569 shares during the period. Capital Asset Advisory Services LLC acquired a new position in Invesco Aerospace & Defense ETF in the third quarter valued at about $14,483,000. Finally, LPL Financial LLC grew its stake in Invesco Aerospace & Defense ETF by 19.0% in the second quarter. LPL Financial LLC now owns 948,570 shares of the company’s stock valued at $80,126,000 after acquiring an additional 151,292 shares during the period.

Invesco Aerospace & Defense ETF Trading Up 0.6 %

NYSEARCA:PPA opened at $94.11 on Monday. Invesco Aerospace & Defense ETF has a 1 year low of $76.34 and a 1 year high of $94.14. The stock has a market cap of $2.21 billion, a price-to-earnings ratio of 24.91 and a beta of 0.98. The stock has a 50-day moving average price of $90.97 and a two-hundred day moving average price of $86.01.

Invesco Aerospace & Defense ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

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