Seeking Alpha

  PowerShares Aerospace & Defense Portfolio ETF - NYSEARCA

9/23/2014, 9:40 AM ET
  • Aheng888 | Send Message 12 Nov 2010

    Aerospace and Defense stocks are going down. Short PPA. The path of least resistance is downward given all the lingering uncertainty.
      PPA vs. ETF Alternatives
      PPA Description
      The PowerShares Aerospace & Defense Portfolio (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 U.S. defense, homeland security and aerospace operations. The modified market-cap portfolio is rebalanced quarterly and reconstituted annually.
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