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. The modified market-cap portfolio is rebalanced quarterly and reconstituted annually. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund's investment advisor is Invesco PowerShares Capital Management LLC.
Basic Details
Issuer Invesco PowerShares
Fund NamePowerShares Aerospace & Defense Portfolio
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:PPA
Inception Date10/26/2005
Fund ManagerPeter Hubbard, Michael Jeanette, Tony Seisser, Jonathan Nixon
Phone+1-800-9830903
Fund Focus
Asset ClassEquity
BenchmarkAMEX SPADE Defense TR USD
CategorySector
FocusIndustrials
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$1.04 billion
Average Daily Volume$92,788.00
Discount/Premium0.71%
ETF Expenses
Management Fee0.50%
Other Expenses0.11%
Total Expenses0.61%
Fee Waiver0.00%
Net Expenses0.61%
Administrator, Advisor and Custodian
AdministratorThe Bank of New York Mellon Corporation
AdvisorInvesco PowerShares Capital Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorInvesco Distributors, Inc.
Transfer AgentThe Bank of New York Mellon Corporation
Trustee
Lead Market MakerIMC Chicago
PowerShares Aerospace & Defense (NYSEARCA:PPA) Frequently Asked Questions
What is PowerShares Aerospace & Defense's stock symbol?
PowerShares Aerospace & Defense trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "PPA."
How often does PowerShares Aerospace & Defense pay dividends? What is the dividend yield for PowerShares Aerospace & Defense?
PowerShares Aerospace & Defense announced a quarterly dividend on Monday, June 18th. Stockholders of record on Tuesday, June 19th will be given a dividend of $0.1503 per share on Friday, June 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date is Monday, June 18th. This is an increase from PowerShares Aerospace & Defense's previous quarterly dividend of $0.03. View PowerShares Aerospace & Defense's Dividend History.
Who are PowerShares Aerospace & Defense's key executives?
PowerShares Aerospace & Defense's management team includes the folowing people:
- John W. Southard Jr, Portfolio Manager
Has PowerShares Aerospace & Defense been receiving favorable news coverage?
Press coverage about PPA stock has been trending somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. PowerShares Aerospace & Defense earned a daily sentiment score of 0.17 on Accern's scale. They also assigned headlines about the company an impact score of 45.58 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
Who are PowerShares Aerospace & Defense's major shareholders?
PowerShares Aerospace & Defense's stock is owned by many different of retail and institutional investors. Top institutional investors include Wells Fargo & Company MN (1.89%), UBS Group AG (1.67%), LPL Financial LLC (1.59%), Royal Bank of Canada (1.13%), BB&T Securities LLC (0.46%) and Beck Capital Management LLC (0.41%). View Institutional Ownership Trends for PowerShares Aerospace & Defense.
Which major investors are selling PowerShares Aerospace & Defense stock?
PPA stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Suntrust Banks Inc., Ladenburg Thalmann Financial Services Inc., Oppenheimer & Co. Inc., Global Financial Private Capital LLC, Hollow Brook Wealth Management LLC, Commonwealth Equity Services LLC and Private Advisor Group LLC. View Insider Buying and Selling for PowerShares Aerospace & Defense.
Which major investors are buying PowerShares Aerospace & Defense stock?
PPA stock was acquired by a variety of institutional investors in the last quarter, including LPL Financial LLC, Q3 Asset Management, Royal Bank of Canada, Wells Fargo & Company MN, Penserra Capital Management LLC, Dynamic Advisor Solutions LLC, Stifel Financial Corp and NEXT Financial Group Inc. View Insider Buying and Selling for PowerShares Aerospace & Defense.
How do I buy shares of PowerShares Aerospace & Defense?
Shares of PPA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is PowerShares Aerospace & Defense's stock price today?
One share of PPA stock can currently be purchased for approximately $55.20.
How big of a company is PowerShares Aerospace & Defense?
PowerShares Aerospace & Defense has a market capitalization of $907.89 million.
How can I contact PowerShares Aerospace & Defense?
PowerShares Aerospace & Defense's mailing address is 301 WEST ROOSEVELT ROAD, WHEATON, 60187, United States. The company can be reached via phone at +1-800-9830903.
MarketBeat Community Rating for PowerShares Aerospace & Defense (PPA)
MarketBeat's community ratings are surveys of what our community members think about PowerShares Aerospace & Defense and other stocks. Vote "Outperform" if you believe PPA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PPA will underperform the S&P 500 over the long term. You may vote once every thirty days.
