Invesco Aerospace & Defense ETF (PPA)Industrials | Exchange Traded Fund | NYSEArca
173.40 USD
+2.01
(1.173%)
⇧
(July 14, 2026, 10:36 a.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 6:21 a.m. EDT
The aerospace sector is showing remarkable resilience, defying the gloomy headlines regarding geopolitical tensions. Fundamentally, this ETF represents a powerhouse story with nearly tripling its value over the last nine years, driven by consistent double-digit annual gains and a massive 36% surge last year. The balance sheet is rock solid, trading at a reasonable premium to book value, which validates the high-quality assets within. While the dividend yield is modest at roughly 0.4%, it is a non-issue given the explosive capital appreciation; investors here are buying growth, not income. Technically, the stock is riding high above its moving averages, confirming a strong uptrend. Options flow reinforces this bullish thesis, with traders aggressively buying calls at key resistance levels, suggesting smart money expects the rally to continue. This is a top-tier compounder for the long haul. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.030862 |
| AutoETS | 0.035432 |
| AutoARIMA | 0.035440 |
| AutoTheta | 0.049500 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 48% |
| H-stat | 18.29 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.584 |
| Excess Kurtosis | -0.64 |
| Attribute | Value |
|---|---|
| Trailing P/E | 34.00 |
As of July 11, 2026, 6:21 a.m. EDT: Speculators are positioning for a moderate upside move over the next month, evidenced by significant call volume at the $175 strike and heavy open interest at $178. While there is some defensive put buying at lower strikes ($140-$165), the overall skew is bullish, with traders betting on a continuation of the recent rally toward the $180 zone.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.08% | 0.41% | 0.54% | 0.59% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-22 | 0.136 | 0.078772 |
| 2026-03-23 | 0.046 | 0.027137 |
| 2025-09-22 | 0.455 | 0.299736 |
| 2025-06-23 | 0.155 | 0.113279 |
| 2025-03-24 | 0.049 | 0.040864 |
| 2024-12-23 | 0.312 | 0.268989 |
| 2024-09-23 | 0.133 | 0.116066 |
| 2024-06-24 | 0.139 | 0.134105 |
| 2024-03-18 | 0.114 | 0.116208 |
| 2023-12-18 | 0.266 | 0.293242 |
| 2023-09-18 | 0.117 | 0.142180 |
| 2023-06-20 | 0.127 | 0.153363 |
| 2023-03-20 | 0.108 | 0.138408 |
| 2022-12-19 | 0.075 | 0.097796 |
| 2022-09-19 | 0.178 | 0.253814 |
| 2022-06-21 | 0.300 | 0.441176 |
| 2022-03-21 | 0.094 | 0.120807 |
| 2021-12-20 | 0.092 | 0.134464 |
| 2021-06-21 | 0.111 | 0.146014 |
| 2021-03-22 | 0.134 | 0.187360 |
| 2020-12-21 | 0.093 | 0.139934 |
| 2020-09-21 | 0.105 | 0.187835 |
| 2020-06-22 | 0.112 | 0.195736 |
| 2020-03-23 | 0.288 | 0.700049 |
| 2019-12-23 | 0.139 | 0.200925 |
| 2019-09-23 | 0.299 | 0.438931 |
| 2019-06-24 | 0.139 | 0.213945 |
| 2019-03-18 | 0.074 | 0.127608 |
| 2018-12-24 | 0.133 | 0.286268 |
| 2018-09-24 | 0.126 | 0.207681 |
| 2018-06-18 | 0.150 | 0.264690 |
| 2018-03-19 | 0.035 | 0.061339 |
| 2017-09-18 | 0.250 | 0.498206 |
| 2017-06-16 | 0.113 | 0.245332 |
| 2016-12-16 | 0.258 | 0.615165 |
| 2016-09-16 | 0.256 | 0.677787 |
| 2016-06-17 | 0.136 | 0.367866 |
| 2016-03-18 | 0.059 | 0.166950 |
| 2015-12-18 | 0.265 | 0.762809 |
| 2015-09-18 | 0.072 | 0.212703 |
| 2015-06-19 | 0.108 | 0.294760 |
| 2015-03-20 | 0.057 | 0.153888 |
| 2014-12-19 | 0.054 | 0.155754 |
| 2014-09-19 | 0.098 | 0.296880 |
| 2014-06-20 | 0.063 | 0.191025 |
| 2013-12-20 | 0.080 | 0.262295 |
| 2013-09-20 | 0.172 | 0.618705 |
| 2013-06-21 | 0.138 | 0.567668 |
| 2012-12-21 | 0.130 | 0.618753 |
| 2012-09-21 | 0.190 | 0.944804 |
| 2012-06-15 | 0.113 | 0.606549 |
| 2012-03-16 | 0.011 | 0.054482 |
| 2011-09-16 | 0.099 | 0.571924 |
| 2011-06-17 | 0.078 | 0.399181 |
| 2011-03-18 | 0.022 | 0.112647 |
| 2010-12-17 | 0.057 | 0.306287 |
| 2010-09-17 | 0.046 | 0.272673 |
| 2010-06-18 | 0.048 | 0.273038 |
| 2010-03-19 | 0.004 | 0.021471 |
| 2009-12-18 | 0.104 | 0.615385 |
| 2009-09-18 | 0.045 | 0.273390 |
| 2009-06-19 | 0.053 | 0.369081 |
| 2008-12-19 | 0.090 | 0.666173 |
| 2008-09-19 | 0.019 | 0.105088 |
| 2008-06-20 | 0.036 | 0.181818 |
| 2007-12-21 | 0.014 | 0.060738 |
| 2007-09-21 | 0.010 | 0.043290 |
| 2007-06-15 | 0.019 | 0.088085 |
| 2007-03-16 | 0.012 | 0.062696 |
| 2006-12-15 | 0.010 | 0.053967 |
| 2006-09-15 | 0.020 | 0.119832 |
| 2006-06-16 | 0.021 | 0.128993 |
| 2005-12-16 | 0.022 | 0.141207 |
| Attribute | Value |
|---|---|
| All Time High | 186.3 |
| All Time Low | 10.14 |
| Ask | 173.12 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 175,810 |
| Average Daily Volume3 Month | 240,754 |
| Average Volume | 240,754 |
| Average Volume10Days | 175,810 |
| Beta3 Year | 0.85 |
| Bid | 172.92 |
| Bid Size | 200 |
| Book Value | 75.015 |
| Category | Industrials |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 173.55 |
| Day Low | 171.85 |
| Dividend Yield | 0.36 |
| Eps Trailing Twelve Months | 5.099885 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 171.9774 |
| Fifty Day Average Change | 1.4225922 |
| Fifty Day Average Change Percent | 0.008271972 |
| Fifty Two Week Change Percent | 18.641842 |
| Fifty Two Week High | 186.3 |
| Fifty Two Week High Change | -12.900009 |
| Fifty Two Week High Change Percent | -0.06924321 |
| Fifty Two Week Low | 142.07 |
| Fifty Two Week Low Change | 31.329987 |
| Fifty Two Week Low Change Percent | 0.22052498 |
| Fifty Two Week Range | 142.07 - 186.3 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,130,333,400,000 |
| Five Year Average Return | 0.1882329 |
| Full Exchange Name | NYSEArca |
| Fund Family | Invesco |
| Fund Inception Date | 1,130,284,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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. |
| Long Name | Invesco Aerospace & Defense ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_25304304 |
| Nav Price | 174.23 |
| Net Assets | 8,324,131,800.0 |
| Net Expense Ratio | 0.58 |
| Open | 172.0 |
| Previous Close | 171.39 |
| Price Hint | 2 |
| Price To Book | 2.3115377 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 2.0099945 |
| Regular Market Change Percent | 1.1727607 |
| Regular Market Day High | 173.55 |
| Regular Market Day Low | 171.85 |
| Regular Market Day Range | 171.85 - 173.55 |
| Regular Market Open | 172.0 |
| Regular Market Previous Close | 171.39 |
| Regular Market Price | 173.4 |
| Regular Market Time | 1,784,039,769 |
| Regular Market Volume | 33,568 |
| Shares Outstanding | 15,150,000 |
| Short Name | Invesco Aerospace & Defense ETF |
| Source Interval | 15 |
| Symbol | PPA |
| Three Year Average Return | 0.26977712 |
| Total Assets | 8,324,131,840 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.44 |
| Trailing Annual Dividend Yield | 0.0025672442 |
| Trailing P E | 34.000767 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 6.76636 |
| Trailing Three Month Returns | 6.76636 |
| Triggerable | 1 |
| Two Hundred Day Average | 166.66714 |
| Two Hundred Day Average Change | 6.732849 |
| Two Hundred Day Average Change Percent | 0.040396977 |
| Type Disp | ETF |
| Volume | 33,568 |
| Yield | 0.0036000002 |
| Ytd Return | 12.98123 |