Armstrong Advisory Group Inc. Buys 211 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Armstrong Advisory Group Inc. increased its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 6.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,376 shares of the company’s stock after buying an additional 211 shares during the quarter. Armstrong Advisory Group Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $387,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Invesco Aerospace & Defense ETF by 41.7% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 584 shares of the company’s stock valued at $67,000 after acquiring an additional 172 shares during the period. Park Avenue Securities LLC purchased a new position in Invesco Aerospace & Defense ETF in the fourth quarter valued at approximately $935,000. Brookstone Capital Management grew its holdings in Invesco Aerospace & Defense ETF by 4.6% during the fourth quarter. Brookstone Capital Management now owns 12,537 shares of the company’s stock valued at $1,438,000 after purchasing an additional 552 shares during the period. EWG Elevate Inc. bought a new position in Invesco Aerospace & Defense ETF during the fourth quarter valued at $296,000. Finally, Aprio Wealth Management LLC purchased a new stake in Invesco Aerospace & Defense ETF in the fourth quarter worth $555,000.

Invesco Aerospace & Defense ETF Price Performance

Shares of PPA opened at $117.52 on Thursday. Invesco Aerospace & Defense ETF has a 1 year low of $88.87 and a 1 year high of $124.89. The stock’s fifty day moving average price is $118.04 and its two-hundred day moving average price is $113.49. The firm has a market cap of $3.66 billion, a PE ratio of 33.87 and a beta of 0.73.

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.