PPA Stock Summary and Trading Ideas (Invesco Aerospace & Defense ETF | ARCA:PPA)

The Invesco Aerospace & Defense ETF (Fund) is based on the SPADE Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.

Invesco Aerospace & Defense ETF trades on the ARCA stock market under the symbol PPA.

As of November 10, 2026, PPA stock price climbed to $160.88 with 269,721 million shares trading.

PPA has a beta of 0.97, meaning it tends to be less sensitive to market movements. PPA has a correlation of 0.30 to the broad based SPY ETF.

PPA has a market cap of $7.57 billion. This is considered a Mid Cap stock.

In the last 3 years, PPA traded as high as $186.30 and as low as $83.97.

PPA has underperformed the market in the last year with a return of +5.3%, while the SPY ETF gained +12.9%. In the last 3 month period, PPA fell short of the market, returning -12.2%, while SPY returned -2.8%. However, in the most recent 2 weeks PPA has outperformed the stock market by returning +1.8%, while SPY returned -2.0%.

PPA support price is $156.74 and resistance is $161.88 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PPA shares will trade within this expected range on the day.