Seeking Alpha

  PowerShares Aerospace & Defense Portfolio ETF - NYSEARCA

10/30/2014, 7:28 PM ET
  • Jim Van Meerten | Send Message 30 Mar 2010

    PPA - Proshare Aerospace and defense - great price momentum and very fine investor sentiment
      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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