Wealthstreet Investment Advisors LLC Buys Shares of 26,831 PowerShares Aerospace & Defense (PPA)

Wealthstreet Investment Advisors LLC bought a new position in PowerShares Aerospace & Defense (NYSEARCA:PPA) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 26,831 shares of the company’s stock, valued at approximately $1,446,000. Wealthstreet Investment Advisors LLC owned 0.16% of PowerShares Aerospace & Defense as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of the stock. Citigroup Inc. lifted its stake in PowerShares Aerospace & Defense by 55.2% in the 2nd quarter. Citigroup Inc. now owns 8,062 shares of the company’s stock worth $370,000 after purchasing an additional 2,867 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in PowerShares Aerospace & Defense by 11,375.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 34,427 shares of the company’s stock worth $1,581,000 after purchasing an additional 34,127 shares in the last quarter. Advisory Services Network LLC lifted its stake in PowerShares Aerospace & Defense by 165.1% in the 2nd quarter. Advisory Services Network LLC now owns 2,304 shares of the company’s stock worth $106,000 after purchasing an additional 1,435 shares in the last quarter. Cetera Investment Advisers lifted its stake in PowerShares Aerospace & Defense by 3.3% in the 2nd quarter. Cetera Investment Advisers now owns 9,384 shares of the company’s stock worth $432,000 after purchasing an additional 300 shares in the last quarter. Finally, WFG Advisors LP lifted its stake in PowerShares Aerospace & Defense by 31.7% in the 2nd quarter. WFG Advisors LP now owns 10,562 shares of the company’s stock worth $485,000 after purchasing an additional 2,543 shares in the last quarter.

Shares of PowerShares Aerospace & Defense (NYSEARCA PPA) opened at $55.75 on Tuesday. The company has a market cap of $887.22 and a price-to-earnings ratio of 20.22. PowerShares Aerospace & Defense has a one year low of $42.71 and a one year high of $58.82.

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PowerShares Aerospace & Defense 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.

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

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