Dynamic Advisor Solutions LLC Has $1.20 Million Holdings in Invesco Aerospace & Defense ETF (PPA)

Dynamic Advisor Solutions LLC boosted its stake in Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 6.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,769 shares of the company’s stock after buying an additional 1,290 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Invesco Aerospace & Defense ETF were worth $1,196,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the business. Wells Fargo & Company MN increased its position in Invesco Aerospace & Defense ETF by 10.2% in the first quarter. Wells Fargo & Company MN now owns 341,995 shares of the company’s stock worth $19,418,000 after buying an additional 31,693 shares during the period. LPL Financial LLC increased its position in Invesco Aerospace & Defense ETF by 30.3% in the first quarter. LPL Financial LLC now owns 287,982 shares of the company’s stock worth $16,352,000 after buying an additional 66,934 shares during the period. Royal Bank of Canada increased its position in Invesco Aerospace & Defense ETF by 19.1% in the first quarter. Royal Bank of Canada now owns 204,590 shares of the company’s stock worth $11,617,000 after buying an additional 32,774 shares during the period. Cornerstone Wealth Management LLC acquired a new stake in Invesco Aerospace & Defense ETF in the second quarter worth $2,842,000. Finally, Janney Montgomery Scott LLC increased its position in Invesco Aerospace & Defense ETF by 5.9% in the second quarter. Janney Montgomery Scott LLC now owns 87,759 shares of the company’s stock worth $4,820,000 after buying an additional 4,854 shares during the period.

Shares of NYSEARCA PPA opened at $57.72 on Tuesday. Invesco Aerospace & Defense ETF has a 1-year low of $47.85 and a 1-year high of $59.40.

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.

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

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