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 Q2	–	Sell	-7,235	Closed	-$1.2M	–	1472
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 $1.55T AUM 33.47% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $495B AUM 43.24% 1-Year Est. Return

Raymond James Financial St Petersburg, Florida $369B AUM 28.27% 1-Year Est. Return

HighTower Advisors Chicago, Illinois $104B AUM 28.3% 1-Year Est. Return

Cetera Investment Advisers Schaumburg, Illinois $110B AUM 26.29% 1-Year Est. Return

CAAS

Capital Asset Advisory Services Williamston, Michigan $2.76B AUM 18.08% 1-Year Est. Return

Independent Advisor Alliance's PPA Position: Q2 2026 in Review

Independent Advisor Alliance sold out of Invesco Aerospace & Defense ETF (PPA) in Q2 2026, closing a stake of 7,235 shares — an estimated $1.2M sold.

Independent Advisor Alliance first reported a position in PPA in Q1 2017 and held it in 4 quarters. The position peaked at $2.89M in Q4 2024. 578 funds tracked by Wall St. Rank hold PPA as of Q2 2026.

Independent Advisor Alliance reported no remaining Invesco Aerospace & Defense ETF position as of Q2 2026 after selling out during the quarter.
Independent Advisor Alliance sold 7,235 Invesco Aerospace & Defense ETF shares in Q2 2026, an estimated $1.2M.
Independent Advisor Alliance first reported a position in Invesco Aerospace & Defense ETF in Q1 2017 and held it in 4 quarters.
Independent Advisor Alliance's Invesco Aerospace & Defense ETF position peaked at $2.89M in Q4 2024.
578 funds tracked by Wall St. Rank held Invesco Aerospace & Defense ETF as of Q2 2026.

Based on Independent Advisor Alliance's 13F filing for Q2 2026, filed 12 Aug 2026.