Invesco Aerospace & Defense ETF
PPA

$113.55

0.31%

Market Cap: $4.23B

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

1,418% more call options, than puts

Call options by funds: $1.4M | Put options by funds: $92K

121% more repeat investments, than reductions

Existing positions increased: 146 | Existing positions reduced: 66

105% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 21

7% more funds holding

Funds holding: 315 [Q1] → 337 (+22) [Q2]

4% less capital invested

Capital invested by funds: $1.71B [Q1] → $1.65B (-$69.5M) [Q2]

29% less funds holding in top 10

Funds holding in top 10: 7 [Q1] → 5 (-2) [Q2]

156.08% less ownership

Funds ownership: 205.86% [Q1] → 49.78% (-156.08%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for PPA.

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Financial journalist opinion

Based on 3 articles about PPA published over the past 30 days

On the Radar With Aerospace and Defense ETFs

Like many analysts and investors, I'm always searching for the next big idea—whether it's a new company that creates a path to a whole new industry, an innovative ETF, or a new megatrend. I'm still an advocate of crypto, artificial intelligence, and other disruptive technologies, but sometimes good investment ideas aren't always obscure.

On the Radar With Aerospace and Defense ETFs

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.

U.S. Defense Majors Are Losing The Export War

Zacks Investment Research

5 Best Top-Ranked ETFs of August With Room for More Upside

Investors may consider betting on top-ranked ETFs that emerged as winners in August to tap the ongoing trend.

5 Best Top-Ranked ETFs of August With Room for More Upside

Zacks Investment Research

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.

Should You Invest in the Invesco Aerospace & Defense ETF (PPA)?

Disruptive Theme of the Week: Playing Defense

When markets correct, it is a good time to revisit which equity market sectors are “defensive” themes. Certain products and services are nondiscretionary in nature that we cannot live without.

Disruptive Theme of the Week: Playing Defense

Bipartisan Common Ground Could Create Investment Opportunities

It's been a rocky August so far for U.S. investors. They have been yet again reminded markets don't only move in one direction.

Bipartisan Common Ground Could Create Investment Opportunities

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: Well-Diversified Aerospace And Defense ETF Worth Buying

Zacks Investment Research

Aerospace & Defense ETFs to Track Amid Q2 Earnings

Look at Aerospace & Defense ETFs, as companies report second-quarter 2024 earnings.

Aerospace & Defense ETFs to Track Amid Q2 Earnings

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.

PPA: Boeing's Cash Problem And Lockheed's F-35 Delays (Rating Downgrade)

Zacks Investment Research

ETFs to Track Amid Biden's Better Showing in Swing States

President Joe Biden is probably recording his best chances of winning as yet in swing states (per Bloomberg), even after his apparent debate loss.

ETFs to Track Amid Biden's Better Showing in Swing States

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