Invesco Aerospace & Defense ETF (PPA)
| Assets | $705.54M |
| NAV | $75.54 |
| Expense Ratio | 0.59% |
| PE Ratio | 31.22 |
| Shares Out | 9.34M |
| Dividend (ttm) | $0.43 |
| Dividend Yield | 0.57% |
| Ex-Dividend Date | Sep 20, 2021 |
| 1-Year Return | - |
| Volume | 13,568 |
| Open | 75.31 |
| Previous Close | 75.50 |
| Day's Range | 75.31 - 75.85 |
| 52-Week Low | 52.72 |
| 52-Week High | 77.33 |
| Beta | 1.18 |
| Holdings | 54 |
| Inception Date | Oct 26, 2005 |
About PPA
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.
Top 10 Holdings
53.30% of assets| Name | Symbol | Weight |
|---|---|---|
| Northrop Grumman | NOC | 6.86% |
| Lockheed Martin | LMT | 6.48% |
| Raytheon Technologies | RTX | 6.37% |
| Boeing | BA | 5.86% |
| Honeywell | HON | 5.30% |
| L3Harris Technologies | LHX | 5.07% |
| General Dynamics | GD | 5.04% |
| TransDigm Group | TDG | 4.39% |
| Textron | TXT | 3.99% |
| Axon Enterprise | AXON | 3.95% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 20, 2021 | $0.089 | Sep 30, 2021 |
| Jun 21, 2021 | $0.11083 | Jun 30, 2021 |
| Mar 22, 2021 | $0.13418 | Mar 31, 2021 |
| Dec 21, 2020 | $0.09339 | Dec 31, 2020 |
| Sep 21, 2020 | $0.1053 | Sep 30, 2020 |
| Jun 22, 2020 | $0.11204 | Jun 30, 2020 |
News
Airline and Aerospace ETFs Rally as Carriers Push for Staff Vaccinations
Delta Air Lines is one of a number of companies that is threatening penalties for unvaccinated workers, a topic that has become increasingly controversial recently. Delta CEO Ed Bastian announced to emp...
This Aerospace ETF Has More Altitude to Gain
Owing in large part to a seemingly never-ending spate of bad news at Boeing (NYSE: BA), the Invesco Aerospace & Defense ETF (PPA) had a rough go of things in 2020. This year, the exchange traded fund is...
This Inflation-Fighting Sector ETF May Surprise You
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.
Will Aerospace & Defense ETFs Shine on Mixed Q4 Earnings?
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.
Aerospace ETFs Gain Amid Amazon Purchase Of Boeing Jets
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 ...
Watch These Aerospace ETFs with the Boeing 737 MAX Back in Flight
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...
Should You Invest in Aerospace & Defense ETFs After Q3 Earnings?
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.
Can These ETFs Benefit from More Defense Spending?
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...
Pandemic Will Open Up Opportunities for Aerospace and this ETF
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...
Aerospace & Defense ETFs Gain Despite Mixed Q2 Earnings
We study the impact of a few big earnings releases in the aerospace and defence industry on ETFs with decent exposure to these companies.
Boeing Earnings Could Move Aerospace ETFs Tomorrow
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 ...
Aerospace ETFs Fall Amid Decline In Boeing Deliveries
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...
Surging Boeing Shares Lift Aerospace, Industrial ETFs
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...
Boeing Announces Layoffs But Aerospace ETFs Hold Their Ground
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...
Boeing Stock Sinks On Re-certification Delays Dragging Down Airline ETFs
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...
Aerospace and Defense ETFs Gain Despite Mixed Q4 Earnings
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.
Time Is Right To Stick With Aerospace And Defense ETFs
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.
