Tounjian Advisory Partners LLC Buys Shares of 40,150 First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL)

Tounjian Advisory Partners LLC purchased a new position in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund purchased 40,150 shares of the company’s stock, valued at approximately $1,216,000.

A number of other institutional investors and hedge funds have also modified their holdings of MISL. Farther Finance Advisors LLC acquired a new stake in shares of First Trust Indxx Aerospace & Defense ETF during the first quarter worth $45,000. IFP Advisors Inc grew its position in shares of First Trust Indxx Aerospace & Defense ETF by 226.8% during the 4th quarter. IFP Advisors Inc now owns 4,281 shares of the company’s stock worth $130,000 after buying an additional 2,971 shares during the period. Wedbush Securities Inc. acquired a new position in shares of First Trust Indxx Aerospace & Defense ETF during the 4th quarter worth about $207,000. Good Life Advisors LLC bought a new stake in shares of First Trust Indxx Aerospace & Defense ETF in the 4th quarter valued at about $234,000. Finally, Golden State Wealth Management LLC acquired a new stake in shares of First Trust Indxx Aerospace & Defense ETF in the 4th quarter valued at approximately $274,000.

First Trust Indxx Aerospace & Defense ETF Price Performance

First Trust Indxx Aerospace & Defense ETF stock opened at $35.43 on Monday. The firm has a market capitalization of $145.26 million, a price-to-earnings ratio of 27.51 and a beta of 0.58. The company’s 50 day simple moving average is $32.03 and its 200 day simple moving average is $31.28. First Trust Indxx Aerospace & Defense ETF has a fifty-two week low of $26.46 and a fifty-two week high of $35.53.

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.