PPA - Invesco Aerospace & Defense ETF
| Assets | $728.98M |
| NAV | $73.56 |
| Expense Ratio | 0.59% |
| PE Ratio | 30.70 |
| Beta (5Y) | 1.16 |
| Dividend (ttm) | $0.44 |
| Dividend Yield | 0.60% |
| Ex-Dividend Date | Mar 22, 2021 |
| 1-Year Return | - |
| Trading Day | April 21 |
| Last Price | $74.40 |
| Previous Close | $73.56 |
| Change ($) | 0.84 |
| Change (%) | 1.14% |
| Day's Open | 73.56 |
| Day's Range | 73.27 - 74.40 |
| Day's Volume | 19,046 |
| 52-Week Range | 47.35 - 75.00 |
Fund Description
The investment seeks to track the investment results (before fees and expenses) of the SPADE® Defense Index. The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of common stocks of companies that are engaged principally in the development, manufacture, operation and support of U.S. defense, military, homeland security and space operations. The fund is non-diversified.
| Asset Class Equity | Sector Defense |
| Region North America | Inception Date Oct 26, 2005 |
| Exchange NYSEARCA | Ticker Symbol PPA |
| Index Tracked SPADE Defense Index | |
Top 10 Holdings
56.34% of assets| Name | Symbol | Weight |
|---|---|---|
| Lockheed Martin | LMT | 7.79% |
| Honeywell | HON | 7.75% |
| Raytheon Technologies | RTX | 7.29% |
| Boeing | BA | 6.90% |
| Northrop Grumman | NOC | 5.62% |
| General Dynamics | GD | 5.14% |
| L3Harris Technologies | LHX | 4.58% |
| Ball Corporation | BLL | 4.11% |
| TransDigm Group | TDG | 3.88% |
| Jacobs Engineering | J | 3.30% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 22, 2021 | $0.134 | Mar 31, 2021 |
| Dec 21, 2020 | $0.093 | Dec 31, 2020 |
| Sep 21, 2020 | $0.105 | Sep 30, 2020 |
| Jun 22, 2020 | $0.112 | Jun 30, 2020 |
| Mar 23, 2020 | $0.288 | Mar 31, 2020 |
| Dec 23, 2019 | $0.139 | Dec 31, 2019 |
In recent weeks, concerns have escalated that real inflation is rising. Typically, investors do not think of sector and industry exchange traded funds as inflation-fighting tools.
We highlight the impact of a few big earnings releases on the aerospace and defence industry pertaining to ETFs with decent exposure to these companies amid the pandemic.
On Tuesday, Boeing shares surged and aerospace ETFs gained amid news that Amazon (AMZN) said it's purchasing 11 used Boeing 767-300 jets from Delta and WestJet. The move happens as airlines struggle to ...
Boeing investors were energized to hear that a Boeing 737 Max aircraft ferried paying passengers on a U.S. flight Tuesday for the first time since the planes were grounded and placed under heavy scrutin...
We highlight the impact of a few big earnings releases in the aerospace and defense industry on ETFs with decent exposure to these companies amid the pandemic.
The COVID-19 pandemic has wreaked havoc on the aerospace and defense (A&D) sector in 2020, especially with the aerospace suffering from travel restrictions. However, the defense side of A&D can still pr...
For sectors that ready to embrace change, now’s the time with the Covid-19 pandemic turning a lot of industries upside down. With this challenge, companies can utilize innovation and that’s exactly what...
We study the impact of a few big earnings releases in the aerospace and defence industry on ETFs with decent exposure to these companies.
This week is one of the busiest corporate earnings weeks, and one of the stars of the show, Boeing, will be releasing its numbers on Wednesday, which could move aerospace ETFs. The aerospace company is ...
With much of the broad market slipping for the second day in a row ahead of the FOMC meeting Wednesday, Boeing is helping to catalyze that fall, with the stock dropping by 6%, amid losses yesterday afte...
Boeing (NYSE: BA) shares surged Wednesday, lifting aerospace and industrials sector-related exchange traded funds, on increased demand for the MAX airliner and word that a prominent hedge funder is back...
The airline industry has had a rough time lately, as the coronavirus pandemic has shuttered businesses for months and curtailed travel plans for many Americans. While many airline companies have done th...
After repeated delays in the validation of the problematic 737 Max aircraft, Boeing is once again prolonging the time frame for when it anticipates the planes will be re-certified for flight as the coro...
Let's take a look at some ETFs with exposure to major players in the U.S. Aerospace and Defense industry, post their Q4 earnings release.
Amid flaring geopolitical tensions with Iran, it's not surprising that some market experts are recommending aerospace and defense stocks.
Why Aerospace & Defense ETFs are Soaring
Receding trade and growth worries, and rising geopolitical uncertainties have sent aerospace & defense stocks higher.
These industrial ETFs have been on a tear despite manufacturing slowdown.
Let's take a look at some ETFs with exposure to major players in the U.S. Aerospace and Defense industry, post their Q3 earnings release.
When geopolitical headwinds howl, particularly those flowing from the Middle East, it's reasonable to expect that among the various sectors and industries, energy stocks will be affected.
Inverted yield curve is not as scary as it seems to be. Wall Street staged a rally on many such occasions.
With just a trading session left to end the first half, the Dow Jones is up about 13.7% while the S&P 500 and Nasdaq have gained 16.7% and 20.1%, respectively.
United Technologies and Raytheon Company are looking to combine their business in an all-stock merger of equals.
In the 10 years between 2011 and 2020, the U.S. Department of Defense budget will rise by about 15.6%, from $855.1 billion to an estimated $989 billion.
