Benjamin F. Edwards & Company Inc. Sells 486 Shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL)

Benjamin F. Edwards & Company Inc. lessened its position in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 2.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 18,143 shares of the company’s stock after selling 486 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in First Trust Indxx Aerospace & Defense ETF were worth $462,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of MISL. J Arnold Wealth Management Co bought a new position in shares of First Trust Indxx Aerospace & Defense ETF in the 3rd quarter worth $11,152,000. Key Client Fiduciary Advisors LLC increased its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 151.3% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 322,420 shares of the company’s stock worth $8,207,000 after buying an additional 194,139 shares during the last quarter. Triumph Capital Management bought a new position in shares of First Trust Indxx Aerospace & Defense ETF in the 3rd quarter worth $972,000. International Assets Investment Management LLC bought a new position in shares of First Trust Indxx Aerospace & Defense ETF in the 4th quarter worth $972,000. Finally, Mutual Advisors LLC increased its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 37.3% in the 4th quarter. Mutual Advisors LLC now owns 86,106 shares of the company’s stock worth $2,192,000 after buying an additional 23,370 shares during the last quarter.

First Trust Indxx Aerospace & Defense ETF Price Performance

Shares of NYSEARCA:MISL opened at $28.05 on Thursday. First Trust Indxx Aerospace & Defense ETF has a one year low of $21.23 and a one year high of $28.07. The firm has a market capitalization of $58.91 million, a price-to-earnings ratio of 28.98 and a beta of 0.61. The company’s fifty day moving average price is $26.77 and its 200-day moving average price is $25.39.

About First Trust Indxx Aerospace & Defense ETF

The First Trust Indxx Aerospace & Defense ETF (MISL) is an exchange-traded fund that is based on the Indxx US Aerospace & Defense index. The fund tracks a market cap-weighted index of 50 US companies involved in advanced and traditional aerospace and defense. MISL was launched on Oct 25, 2022 and is managed by First Trust.