IFP Advisors Inc Acquires 545 Shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL)

IFP Advisors Inc grew its position in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 12.7% in the first quarter, according to its most recent filing with the SEC. The fund owned 4,826 shares of the company’s stock after acquiring an additional 545 shares during the period. IFP Advisors Inc owned 0.12% of First Trust Indxx Aerospace & Defense ETF worth $146,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in First Trust Indxx Aerospace & Defense ETF during the 4th quarter worth about $568,000. Commonwealth Equity Services LLC increased its holdings in First Trust Indxx Aerospace & Defense ETF by 34.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 24,210 shares of the company’s stock worth $737,000 after purchasing an additional 6,164 shares in the last quarter. LPL Financial LLC grew its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 76.9% in the fourth quarter. LPL Financial LLC now owns 541,085 shares of the company’s stock valued at $16,468,000 after acquiring an additional 235,285 shares in the last quarter. OLD Mission Capital LLC purchased a new position in First Trust Indxx Aerospace & Defense ETF in the fourth quarter valued at about $967,000. Finally, Wedbush Securities Inc. bought a new position in First Trust Indxx Aerospace & Defense ETF during the fourth quarter valued at $207,000.

First Trust Indxx Aerospace & Defense ETF Trading Down 0.8%

Shares of NYSEARCA MISL opened at $39.13 on Tuesday. The stock has a fifty day simple moving average of $36.43 and a two-hundred day simple moving average of $32.81. First Trust Indxx Aerospace & Defense ETF has a 1-year low of $26.46 and a 1-year high of $39.81. The firm has a market cap of $183.91 million, a price-to-earnings ratio of 28.78 and a beta of 0.97.

First Trust Indxx Aerospace & Defense ETF Company Profile

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.