Invesco Aerospace & Defense ETF (PPA)
Invesco Aerospace & Defense ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $159.32, up 0.14% on the session, giving a market capitalisation of $7.55B. Its beta of 0.85 implies it has historically moved less than the broad market.
The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of common stocks of companies that are systematically important to the defense sector and are involved with the development, manufacture, operation and support of U.S. defense, military, national/homeland security, and government space operations. The fund is non-diversified.
Invesco Aerospace & Defense ETF is most often compared with the following Financial Services names: