May 3 in General discussion
Cash Pours Into Aerospace & Defense ETFs 🚀
From February 2022 to April 2024, AUM in Aerospace has doubled…
- From $5.1b in 2/22
- To $11.6b in 4/24
Roughly $1 billion in new inflows since the Hamas attack and roughly +$5 billion since Russia invaded Ukraine
$PPA has performed +44%
$ITA has performed + 28%
$SPY has performed +14% in the same timeframe
So the war machine generates hefty profits, after all?
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Cash Pours Into Aerospace & Defense ETFs 🚀
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