Janney Montgomery Scott LLC Purchases 2,569 Shares of First Trust Indxx Aerospace & Defense ETF $MISL

Janney Montgomery Scott LLC increased its position in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 2.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 120,286 shares of the company’s stock after purchasing an additional 2,569 shares during the quarter. Janney Montgomery Scott LLC owned approximately 2.77% of First Trust Indxx Aerospace & Defense ETF worth $4,494,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Geneos Wealth Management Inc. lifted its holdings in First Trust Indxx Aerospace & Defense ETF by 500.0% during the first quarter. Geneos Wealth Management Inc. now owns 1,200 shares of the company’s stock worth $36,000 after buying an additional 1,000 shares during the period. Farther Finance Advisors LLC purchased a new stake in First Trust Indxx Aerospace & Defense ETF during the first quarter worth $45,000. SBI Securities Co. Ltd. lifted its holdings in First Trust Indxx Aerospace & Defense ETF by 564.8% during the first quarter. SBI Securities Co. Ltd. now owns 1,868 shares of the company’s stock worth $57,000 after buying an additional 1,587 shares during the period. NewEdge Advisors LLC purchased a new stake in First Trust Indxx Aerospace & Defense ETF during the first quarter worth $86,000. Finally, IFP Advisors Inc lifted its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 12.7% during the 1st quarter. IFP Advisors Inc now owns 4,826 shares of the company’s stock valued at $146,000 after purchasing an additional 545 shares during the last quarter.

First Trust Indxx Aerospace & Defense ETF Trading Up 0.0%

Shares of MISL opened at $43.17 on Wednesday. First Trust Indxx Aerospace & Defense ETF has a 12 month low of $26.46 and a 12 month high of $43.49. The stock has a fifty day moving average price of $39.57 and a 200-day moving average price of $35.93. The firm has a market cap of $215.85 million, a PE 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.