Avangrid and CPS Energy Extend and Expand Relationship with Power Purchase Agreement (PPA) for Energy from Texas Wind Farm
PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced the signing of a Power Purchase Agreement (PPA) with CPS Energy, the nation's largest community-owned provider of electric and natural gas services, for a 161-Megawatt (MW) portion of Avangrid's Peñascal I wind farm in Kenedy County, Texas south of Baffin Bay. This represents an extension and expansion of a previous 15-year agreement between the tw.
Janney Montgomery Scott LLC Increases Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)
Janney Montgomery Scott LLC increased its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) by 4.6% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 76,317 shares of the company’s stock after purchasing an additional 3,386 shares during the period. Janney Montgomery Scott LLC owned 0.33% of Invesco Aerospace & Defense ETF worth $7,033,000 as of its most recent SEC filing. Several other large investors have also added to or reduced their stakes in the stock. Avantax Advisory Services Inc. increased its holdings in shares of Invesco Aerospace & Defense ETF by 81.6% in the fourth quarter. Avantax Advisory Services Inc. now owns 37,942 shares of the company’s stock worth $3,497,000 after purchasing an additional 17,047 shares during the period. Wambolt & Associates LLC boosted its position in shares of Invesco Aerospace & Defense ETF by 47.6% during the 4th quarter. Wambolt & Associates LLC now owns 11,885 shares of the company’s stock valued at $1,095,000 after acquiring an additional 3,833 shares during the last quarter. McKinley Carter Wealth Services Inc. purchased a new position in shares of Invesco Aerospace & Defense ETF during the fourth quarter worth about $280,000. NBC Securities Inc. increased its position in shares of Invesco Aerospace & Defense ETF by 43.1% in the fourth quarter. NBC Securities Inc. now owns 2,327 shares of the company’s stock worth $214,000 after purchasing an additional 701 shares during the last quarter. Finally, Valley Wealth Managers Inc. raised its stake in Invesco Aerospace & Defense ETF by 98.7% in the fourth quarter. Valley Wealth Managers Inc. now owns 147,451 shares of the company’s stock valued at $13,589,000 after purchasing an additional 73,235 shares in the last quarter. Invesco Aerospace & Defense ETF Trading Up 0.2 % PPA opened at $105.04 on Monday. Invesco Aerospace & Defense ETF has a 12 month low of $77.17 and a 12 month high of $105.44. The business’s 50-day moving average price is $100.92 and its 200-day moving average price is $94.52. The company has a market cap of $3.27 billion, a P/E ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF Company Profile (Free Report) 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.
