Independent Advisor Alliance’s Invesco Aerospace & Defense ETF PPA Stock Holding History

Independent Advisor Alliance’s Portfolio PPA Stock Details PPA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$1.2M	Buy	+7,235	New	+$1.27M	0.01%	741
2025 Q1	–	Sell	-25,156	Closed	-$2.89M	–	1209
2024 Q4	$2.89M	Buy	+25,156	New	+$2.97M	0.04%	418
2020 Q1	–	Sell	-12,199	Closed	-$834K	–	735
2019 Q4	$834K	Buy	+12,199	New	+$829K	0.04%	412
2017 Q2	–	Sell	-9,963	Closed	-$429K	–	355
2017 Q1	$429K	Buy	+9,963	New	+$430K	0.07%	244

Other funds holding PPA

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $432B AUM 30.22% 1-Year Est. Return

Raymond James Financial St Petersburg, Florida $324B AUM 22.36% 1-Year Est. Return

HighTower Advisors Chicago, Illinois $94.2B AUM 21.24% 1-Year Est. Return

MMA

Miracle Mile Advisors Los Angeles, California $7.29B AUM 16.22% 1-Year Est. Return

Cetera Investment Advisers Schaumburg, Illinois $94B AUM 20.14% 1-Year Est. Return

Independent Advisor Alliance's PPA Position: Q1 2026 in Review

Independent Advisor Alliance opened a new position in Invesco Aerospace & Defense ETF (PPA) in Q1 2026: 7,235 shares worth $1.2M. The stake represents 0.01% of the portfolio and ranks #741 among its holdings. This is a return to the name: Independent Advisor Alliance previously reported a position in PPA as recently as Q4 2024.

Independent Advisor Alliance first reported a position in PPA in Q1 2017 and has held it in 4 quarters since. The position peaked at $2.89M in Q4 2024. 569 funds tracked by Wall St. Rank hold PPA as of Q1 2026.

Independent Advisor Alliance held 7,235 shares of Invesco Aerospace & Defense ETF worth $1.2M as of Q1 2026.
Invesco Aerospace & Defense ETF was a new Independent Advisor Alliance position in Q1 2026.
Invesco Aerospace & Defense ETF made up 0.01% of Independent Advisor Alliance's portfolio in Q1 2026, its #741 holding.
Independent Advisor Alliance first reported a position in Invesco Aerospace & Defense ETF in Q1 2017 and has held it in 4 quarters since.
Independent Advisor Alliance's Invesco Aerospace & Defense ETF position peaked at $2.89M in Q4 2024.
569 funds tracked by Wall St. Rank held Invesco Aerospace & Defense ETF as of Q1 2026.

Based on Independent Advisor Alliance's 13F filing for Q1 2026, filed 12 May 2026.