Ameritas Advisory Services LLC Purchases Shares of 875 First Trust Indxx Aerospace & Defense ETF $MISL

Ameritas Advisory Services LLC purchased a new stake in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 875 shares of the company’s stock, valued at approximately $33,000.

Several other hedge funds have also modified their holdings of MISL. Geneos Wealth Management Inc. lifted its position in shares of 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 valued at $36,000 after buying an additional 1,000 shares during the last quarter. Farther Finance Advisors LLC purchased a new stake in shares of First Trust Indxx Aerospace & Defense ETF during the first quarter valued at about $45,000. SBI Securities Co. Ltd. raised its position in shares of First Trust Indxx Aerospace & Defense ETF by 564.8% in the 1st quarter. SBI Securities Co. Ltd. now owns 1,868 shares of the company’s stock valued at $57,000 after purchasing an additional 1,587 shares during the last quarter. NewEdge Advisors LLC purchased a new position in shares of First Trust Indxx Aerospace & Defense ETF in the 1st quarter valued at approximately $86,000. Finally, IFP Advisors Inc raised its position in shares of First Trust Indxx Aerospace & Defense ETF by 12.7% in 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 Stock Up 0.9%

Shares of First Trust Indxx Aerospace & Defense ETF stock opened at $43.33 on Wednesday. The firm has a market capitalization of $220.98 million, a P/E ratio of 28.78 and a beta of 0.97. The company has a 50 day moving average price of $39.99 and a 200 day moving average price of $36.36. First Trust Indxx Aerospace & Defense ETF has a 52 week low of $26.46 and a 52 week high of $44.03.

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.