Florida Financial Advisors LLC Acquires 787 Shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Florida Financial Advisors LLC raised its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 22.5% in the 4th quarter, Holdings Channel reports. The firm owned 4,278 shares of the company’s stock after purchasing an additional 787 shares during the quarter. Florida Financial Advisors LLC’s holdings in Invesco Aerospace & Defense ETF were worth $491,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Runnymede Capital Advisors Inc. bought a new stake in Invesco Aerospace & Defense ETF in the fourth quarter valued at $25,000. Glass Jacobson Investment Advisors llc increased its position in Invesco Aerospace & Defense ETF by 50.5% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 304 shares of the company’s stock valued at $35,000 after buying an additional 102 shares in the last quarter. Continuum Advisory LLC raised its stake in Invesco Aerospace & Defense ETF by 47.6% during the 3rd quarter. Continuum Advisory LLC now owns 465 shares of the company’s stock worth $55,000 after buying an additional 150 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Invesco Aerospace & Defense ETF by 41.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 584 shares of the company’s stock worth $67,000 after acquiring an additional 172 shares in the last quarter. Finally, Assetmark Inc. increased its stake in Invesco Aerospace & Defense ETF by 29.9% during the 4th quarter. Assetmark Inc. now owns 608 shares of the company’s stock valued at $70,000 after purchasing an additional 140 shares in the last quarter.

Invesco Aerospace & Defense ETF Trading Up 2.0 %

Shares of Invesco Aerospace & Defense ETF stock opened at $119.91 on Tuesday. Invesco Aerospace & Defense ETF has a 12-month low of $97.64 and a 12-month high of $124.89. The company has a market capitalization of $4.72 billion, a P/E ratio of 27.08 and a beta of 0.95. The stock has a fifty day simple moving average of $117.92 and a 200 day simple moving average of $117.09.

Invesco Aerospace & Defense ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be given a $0.0489 dividend. The ex-dividend date is Monday, March 24th.

Invesco Aerospace & Defense ETF Company 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.