|Bid||113.24 x 100|
|Ask||114.90 x 200|
|Day's Range||113.22 - 114.23|
|52 Week Range||97.62 - 124.79|
|PE Ratio (TTM)||17.38|
|Dividend & Yield||2.80 (2.46%)|
|1y Target Est||N/A|
Companies with ties to defense spending have gained amid the nearly constant wave of missile testing from North Korea, escalating United Nation sanctions placed on the regime, and President Donald Trump's unrelenting war of words against Pyongyang.
North Korean tensions appear to hold the key in driving defense ETFs higher, but that's not all.
Northrop Grumman (NOC) announced earlier this week that it would buy Orbital ATK (OA) for $9.2 billion. Canaccord's Ken Herbert and Jamaine Aggrey write that the deal is positive for the aerospace and defense sector.