Should You Invest in the Invesco Aerospace & Defense ETF (PPA)?
Designed to provide broad exposure to the Industrials - Aerospace & Defense segment of the equity market, the Invesco Aerospace & Defense ETF (PPA) is a passively managed exchange traded fund launched on 10/26/2005.
TotalEnergies Inks a Renewable Electricity PPA With Saint-Gobain
TTE signs a power purchase agreement with Saint-Gobain. This deal demonstrates TotalEnergies' shared commitment to decarbonizing the French industry.
Aerospace & Defense ETF (PPA) Hits New 52-Week High
For investors seeking momentum, Aerospace & Defense Invesco ETF PPA is probably on the radar. The fund just hit a 52-week high and is up 48.37% from its 52-week low price of $77.50/share.
U.S. Defense Majors Are Losing The Export War
Things might look 'rosy' right now, but I‘ll always do my best to find anything that has the potential to break this pretty picture, even if it ultimately won't materialize. And guess what, I found something: Not something that can affect domestic sales, but rather put a ceiling on growth for years to come. The Polish and South Korean mega-deal, worth $23 billion, is just one example of US defense majors failing to tap opportunities abroad.
Air Products Signs PPA With Tatung for Solar Electricity in Taiwan
This partnership will allow APD to lower its environmental footprint and assist customers in diverse sectors in reaching their sustainability goals.
Should You Invest in the Invesco Aerospace & Defense ETF (PPA)?
If you're interested in broad exposure to the Industrials - Aerospace & Defense segment of the equity market, look no further than the Invesco Aerospace & Defense ETF (PPA), a passively managed exchange traded fund launched on 10/26/2005.
PPA: Well-Diversified Aerospace And Defense ETF Worth Buying
PPA is a U.S. Aerospace & Defense ETF with an impressive long-term track record. Its expense ratio is 0.58% and the ETF has $3.60 billion in assets under management. Positive defense spending projections should support the continued growth of PPA's holdings. In addition, a Republican Senate, which is the likely outcome for 2025, typically results in larger-than-average spending increases. PPA's factor mix is superior to peers like ITA, XAR, MISL, and GCAD. In particular, I like its strong diversification, risk, and quality features, and its 15% estimated earnings growth.
PPA: Boeing's Cash Problem And Lockheed's F-35 Delays (Rating Downgrade)
Invesco Aerospace & Defense ETF warrants a rating downgrade to a hold due to safety issues facing Boeing and Lockheed Martin's F-35 program delays. PPA has slightly underperformed the S&P 500 Index since February but continues to outperform peer defense ETFs. While the defense budget will likely remain high in the short term, higher spending as a percentage of GDP increases the likelihood of spending cuts in the long run.
Should You Invest in the Invesco Aerospace & Defense ETF (PPA)?
Launched on 10/26/2005, the Invesco Aerospace & Defense ETF (PPA) is a passively managed exchange traded fund designed to provide a broad exposure to the Industrials - Aerospace & Defense segment of the equity market.
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.
