PPA - Invesco Aerospace & Defense ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
51.62
-0.15 (-0.29%)
At close: 3:59PM EST
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Previous Close51.77
Open51.83
Bid0.00 x 1000
Ask0.00 x 900
Day's Range51.52 - 51.89
52 Week Range45.98 - 62.18
Volume45,168
Avg. Volume102,566
Net Assets774.62M
NAV49.50
PE Ratio (TTM)N/A
Yield0.90%
YTD Return-7.50%
Beta (3Y Monthly)1.11
Expense Ratio (net)0.60%
Inception Date2005-10-26
Trade prices are not sourced from all markets
  • Honeywell to Collaborate with Optoro on Reverse Logistics
    Market Realist3 days ago

    Honeywell to Collaborate with Optoro on Reverse Logistics

    Key Updates from the Industrial Sector Last Week ## Honeywell in collaboration with Optoro On January 10, 2019, Honeywell (HON) announced that it plans to collaborate with Optoro. As a part of this collaboration, Honeywell’s Mobility Edge mobile computers will use Optoro’s cloud-based data-driven solution to help retailers better manage returned purchases and excess inventory. Optoro’s proprietary algorithms help to determine how to dispose of a returned item to get maximum value. HON didn’t disclose the financial aspects of this collaboration. The latest data from the National Retail Federation suggests that returns from consumers have been growing every year, and retailers estimate that more than 10% of their annual sales are returned. Peter Howes, Honeywell’s president for Productivity Products business, said, “Reverse logistics is becoming a complex challenge for retailers as they need to move returned goods within the supply chain as quickly as possible to reduce bottom-line impact. With Optoro running on our Mobility Edge Platform devices, retailers can quickly connect returns with best available opportunities to turn the products into revenue.” ## Stock price movement Honeywell stock gained 2.0% and closed at $137.36 for the week ending January 11, 2019. The gains helped HON to narrow its 100-day moving average gap. The stock traded 6.7% below the 100-day moving average price of $147.19. Honeywell underperformed the Invesco Aerospace & Defense ETF (PPA), which gained 3.8%. PPA invests 7.0% of its portfolio in Honeywell. So far in 2019, Honeywell has gained 5.0%. United Technologies (UTX), Textron (TXT), and Boeing (BA) have risen 4.4%, 5.2%, and 11.5%, respectively. The company’s 14-day RSI (relative strength index) is at 53, which indicates that the stock isn’t overbought or oversold. An RSI of 70 and above shows that a stock has temporarily moved into the “overbought” position, while an RSI of 30 and below indicates that a stock has temporarily moved into the “oversold” position. Continue to Next Part Browse this series on Market Realist: * Part 2 - Deere Gets Six Agricultural Innovation Awards * Part 3 - Cummins Announces CFO Change

  • Defense ETFs in Focus as Trump Proposes to Raise 2020 Budget
    Zackslast month

    Defense ETFs in Focus as Trump Proposes to Raise 2020 Budget

    President Trump is backing a $750 billion defense budget request to Congress, putting related ETFs in focus.

  • ETF Trendslast month

    Forget the Mistletoe, Bring Missiles: 4 Aerospace & Defense ETFs

    The mistletoe might be ideal for the kissing, but without aerospace and defense exchange-traded funds (ETFs) in your portfolio, it might be profits that you're missing. Aerospace and defense ETFs can provide investors with sustainable performance gains as meeting the defense needs of the federal government is a non-cyclical affair. In September, the Senate approved a wide-ranging, $854 billion bill that includes a $675 billion allocation towards the Defense Department, accounting for almost 80% of the total bill.

  • Honeywell to Shift Its Headquarters to Charlotte
    Market Realistlast month

    Honeywell to Shift Its Headquarters to Charlotte

    On November 30, Honeywell (HON) announced that it will relocate its global corporate headquarters to Charlotte, North Carolina. It also announced that its Safety and Productivity Solutions business segment’s headquarters will also be moved from Fortmill in South Carolina to Charlotte as well. Darius Adamczyk, chair and CEO, said, “Today’s announcement reflects our commitment to locate our corporate headquarters close to our large centers in Charlotte alongside Safety and Productivity Solutions, and Atlanta, where our Honeywell Building Technologies and Honeywell Connected Enterprise businesses are located.

  • ETF Trends2 months ago

    How a New Look House Could Affect Defense ETFs

    Democrats gained control of the House of Representatives in the recent midterm elections, but aerospace and defense stocks and exchange traded funds did not seem to mind. The iShares U.S. Aerospace & Defense ETF (ITA), PowerShares Aerospace & Defense Portfolio (PPA) and the SPDR S&P Aerospace & Defense ETF (XAR) have been one of the steadiest “Trump trades,” but those funds also posted solid gains following the midterm election results. “Our bull case envisions bipartisanship and an avoidance of gridlock, which creates funding certainty for defense names, but our bear case anticipates budget chaos and sequestration for fiscal 2020,” said Morningstar in a recent note.

  • Aerospace ETFs Rise on China's Approval to UTX-COL Deal
    Zacks2 months ago

    Aerospace ETFs Rise on China's Approval to UTX-COL Deal

    United Technologies announced on Nov 23 that it has received approval from China's competition supervisor to acquire Rockwell Collins, putting aerospace and defense ETFs in focus.

  • William Yu: New President of Honeywell China
    Market Realist2 months ago

    William Yu: New President of Honeywell China

    In a press release on November 15, Honeywell (HON) said that William Yu will be the president of Honeywell China. Yu will also continue to be the vice president and general manager of Honeywell’s Performance Materials and Technologies (PMT) division in the Asia-Pacific region. Honeywell has a significant presence in China with a workforce of 13,000 people spread across 30 cities.

  • Honeywell Increased Fourth-Quarter Dividend
    Market Realist2 months ago

    Honeywell Increased Fourth-Quarter Dividend

    What Investors Should Know about Honeywell's Dividend ProfileHoneywell’s fourth-quarter dividend

  • ETF Trends2 months ago

    How a New Look House Could Affect Defense ETFs

    Democrats gained control of the House of Representatives in the recent midterm elections, but aerospace and defense stocks and exchange traded funds did not seem to mind. The iShares U.S. Aerospace & Defense ETF (ITA), PowerShares Aerospace & Defense Portfolio (PPA) and the SPDR S&P Aerospace & Defense ETF (XAR) have been one of the steadiest “Trump trades,” but those funds also posted solid gains following the midterm election results. “Our bull case envisions bipartisanship and an avoidance of gridlock, which creates funding certainty for defense names, but our bear case anticipates budget chaos and sequestration for fiscal 2020,” said Morningstar in a recent note.

  • Honeywell Completed the Transnorm Acquisition
    Market Realist2 months ago

    Honeywell Completed the Transnorm Acquisition

    In a press release on November 9, Honeywell (HON) announced that it completed the acquisition of German-based Transnorm. Honeywell entered into an agreement on October 1 to acquire Transnorm. According to the deal, Honeywell will pay 425 million euros. Transnorm is expected to be part of Honeywell’s Safety and Productivity Solutions.

  • ETF Trends2 months ago

    U.S. Midterm Elections May Affect Aerospace & Defense

    Since the 2016 presidential election, aerospace and defense stocks and the corresponding exchange traded funds have been stellar performers, but in October, those assets were tested. The iShares U.S. Aerospace & Defense ETF (Cboe:ITA), the largest ETF dedicated to aerospace and defense stocks, tumbled last month, shedding almost 12%. A number of market analysts feel that this run in the aerospace and defense sector could continue even after the extended bull market continues to lose steam and delve into a full-blown correction.

  • Aerospace & Defense ETFs: Can the Outperformance Continue?
    Zacks3 months ago

    Aerospace & Defense ETFs: Can the Outperformance Continue?

    Increase in defense spending and rising global air traffic have boosted aerospace & defense companies. What lies ahead?

  • ETF Strategies for the Midterm Elections
    Zacks3 months ago

    ETF Strategies for the Midterm Elections

    Investors should focus on some strategies as to which sector should they take positions or which should be avoided if bipartisan government forms.

  • ETF Trends3 months ago

    Boeing Shares Take Off, Dow Grounded with 200-Point Loss

    Shares of Boeing traded higher on Wednesday morning as the company reported better-than-expected third-quarter earnings and raised its 2018 earnings forecast to what may be a record revenue year for the aircraft manufacturer. Boeing reported adjusted earnings of $3.58 a share, which bested analyst expectations by 11 cents. In addition, third-quarter revenue was $25.15 billion--over $1 billion better than analyst expectations.

  • ETF Trends3 months ago

    Aerospace & Defense ETFs Slip Despite Positive Q3 Earnings from Lockheed Martin

    Aerospace and defense exchange-traded funds (ETFs) couldn't protect themselves from the volatility of the broad market as all four were in the red despite positive third-quarter earnings results from Lockheed Martin (etftrends.com/quote/LMT). The iShares U.S. Aerospace & Defense ETF (Cboe:ITA) fell 0.72%,  PowerShares Aerospace & Defense Portfolio (PPA)  slid 0.54%, SPDR S&P Aerospace & Defense ETF (XAR) fell 0.81%, and the Direxion Dly Aerospace&Def Bl 3X ShsETF (DFEN) dropped 1.65%. DFEN, in particular, seeks daily investment results equal to 300% of the daily performance of the Dow Jones U.S. Select Aerospace & Defense Index, which attempts to measure the performance of the aerospace and defense industry of the U.S. equity market.

  • Honeywell’s Q3 Adjusted EPS Beat Estimates, Stock in the Red
    Market Realist3 months ago

    Honeywell’s Q3 Adjusted EPS Beat Estimates, Stock in the Red

    Honeywell Reports Q3 2018 Earnings, Beats EstimatesHoneywell beats analysts’ Q3 2018 earnings estimate

  • ETF Trends3 months ago

    4 Aerospace & Defense ETFs Ahead of Lockheed Martin, Boeing, Raytheon Earnings

    This week, aerospace and defense stocks like Lockheed Martin (etftrends.com/quote/LMT), Boeing (etftrends.com/quote/BA), General Dynamics (etftrends.com/quote/GD), and Raytheon (etftrends.com/quote/RTN) are set to release their third-quarter earnings, which could give the sector's exchange-traded funds a boost. Last month, the Senate approved a wide-ranging, $854 billion bill that includes a $675 billion allocation towards the Defense Department, accounting for almost 80% of the total bill. In short, the United States doesn't skimp on defense spending.

  • 3 months ago

    ETF Plays for a Divided Midterm Elections

    With a contentious midterms election season coming up, many anticipate a split government that could potentially impact the way ETF investors ride the markets ahead. Some expectations point to Democrats winning back the House of Representatives and the Republicans maintaining a narrow hold on the Senate - Republicans currently dominate both chambers. "If the consensus expectation of a divided government turns out to be correct, the most likely political consequences would be an increase in investigations and uncertainty surrounding fiscal deadlines," David Kostin, Goldman's chief U.S. equity strategist, said in a note.

  • Honeywell Beats Estimates Again in Q3 2018: Stock Rises
    Market Realist3 months ago

    Honeywell Beats Estimates Again in Q3 2018: Stock Rises

    Honeywell (HON) announced its third-quarter earnings today before the market opened. It reported adjusted EPS of $2.03, an increase of 16.7% year-over-year, and beat Wall Street analysts’ expectation of $1.99.

  • Can Honeywell Deliver Another Record Third Quarter?
    Market Realist3 months ago

    Can Honeywell Deliver Another Record Third Quarter?

    Wall Street expects Honeywell (HON) to report revenue of $10.75 billion in Q3 2018, representing a 6.2% increase over Q3 2017 when it reported revenue of $10.12 billion. If it manages to meet expectations, it will achieve its highest third-quarter revenue ever, which would imply a CAGR (compound annual growth rate) of 2.2% for the third quarter since 2013. The continued demand for the solstice products is considered to be the major revenue driving factor in Honeywell’s third quarter.

  • Honeywell to Modernize Austrian Sappi Plant
    Market Realist3 months ago

    Honeywell to Modernize Austrian Sappi Plant

    On October 9, Honeywell (HON) said in a press release that it would be using its technology to modernize one of Europe’s oldest paper mills, Sappi Austria Produktions-GmbH & Co. KG, located in Gratkorn, Austria. Honeywell upgraded one of the mill’s paper machines to its Experion PMD automation system in 2015. As part of the modernization, Honeywell plans to implement several server virtualization, process visualization, and cybersecurity solutions.

  • Seven-Eleven and Honeywell’s Solstice N40 Refrigerants
    Market Realist3 months ago

    Seven-Eleven and Honeywell’s Solstice N40 Refrigerants

    On October 1, Honeywell (HON) announced that Japanese retail chain Seven-Eleven will adopt the company’s next-generation Solstice N40 refrigerants. The new N40 refrigerants are said to be 65% better at reducing the GWP (global warming potential) compared to the earlier model R-404A. Using N40 refrigerants could result in 20% energy savings. Honeywell’s N40 refrigerants will help Seven-Eleven comply with the guidance of the Act on Rational Use and Proper Management of Fluorocarbons by 2025.

  • Honeywell Acquires Transnorm, Completes Garrett Motion Spin-Off
    Market Realist3 months ago

    Honeywell Acquires Transnorm, Completes Garrett Motion Spin-Off

    On October 1, Honeywell (HON) announced in a press release that it had entered into an agreement to acquire Transnorm. For this acquisition, HON will pay 425 million euros to IK Investment Partners. Transnorm has a significant presence in Europe.

  • Resideo: Honeywell’s Spin-Off Will Issue Senior Notes
    Market Realist4 months ago

    Resideo: Honeywell’s Spin-Off Will Issue Senior Notes

    On September 26, Honeywell’s (HON) future spin-off company, Resideo, said that it would issue $400 million senior notes due in 2026. Resideo’s borrowing from its secured credit facilities and the proceeds from the senior notes will be used to repay Honeywell’s debt or its subsidiaries. Resideo expects to pay $1.2 billion to Honeywell or the company’s subsidiaries.

  • Alfa Laval Packinox Joined Honeywell’s Connected Plant Program
    Market Realist4 months ago

    Alfa Laval Packinox Joined Honeywell’s Connected Plant Program

    On September 18, Honeywell (HON) announced that Alfa Laval Packinox joined its connected plant. Alfa Laval specializes in heat transfer. With the specialization, Alfa Laval could help refiners and petrochemical producers improve their operating efficiency. Heat exchangers are a critical part of Honeywell’s UOP’s CCR platforming technology.