Kraft Davis & Associates LLC Invests $1.32 Million in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Kraft Davis & Associates LLC acquired a new position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 14,482 shares of the company’s stock, valued at approximately $1,315,000. Kraft Davis & Associates LLC owned 0.06% of Invesco Aerospace & Defense ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Tyler Stone Wealth Management raised its stake in Invesco Aerospace & Defense ETF by 18.4% during the third quarter. Tyler Stone Wealth Management now owns 779 shares of the company’s stock worth $62,000 after acquiring an additional 121 shares during the period. Cetera Advisor Networks LLC raised its stake in Invesco Aerospace & Defense ETF by 0.4% during the fourth quarter. Cetera Advisor Networks LLC now owns 38,599 shares of the company’s stock worth $3,026,000 after acquiring an additional 135 shares during the period. Simplex Trading LLC raised its stake in Invesco Aerospace & Defense ETF by 52.7% during the third quarter. Simplex Trading LLC now owns 403 shares of the company’s stock worth $32,000 after acquiring an additional 139 shares during the period. Captrust Financial Advisors raised its stake in Invesco Aerospace & Defense ETF by 13.3% during the second quarter. Captrust Financial Advisors now owns 1,360 shares of the company’s stock worth $95,000 after acquiring an additional 160 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in Invesco Aerospace & Defense ETF by 8.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,076 shares of the company’s stock worth $163,000 after acquiring an additional 170 shares during the period.

Invesco Aerospace & Defense ETF Trading Up 0.2 %

PPA traded up $0.20 on Friday, hitting $98.31. 143,603 shares of the company’s stock were exchanged, compared to its average volume of 159,396. The firm has a market cap of $2.93 billion, a PE ratio of 32.35 and a beta of 0.76. Invesco Aerospace & Defense ETF has a twelve month low of $77.17 and a twelve month high of $102.00. The stock has a fifty day moving average of $98.45 and a two-hundred day moving average of $91.18.

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.