First Trust Indxx Aerospace & Defense ETF $MISL Shares Acquired by Mutual Advisors LLC

Mutual Advisors LLC increased its stake in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 3.7% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 220,940 shares of the company’s stock after acquiring an additional 7,920 shares during the period. Mutual Advisors LLC’s holdings in First Trust Indxx Aerospace & Defense ETF were worth $8,712,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MISL. Farther Finance Advisors LLC acquired a new stake in First Trust Indxx Aerospace & Defense ETF in the first quarter valued at approximately $45,000. Janney Montgomery Scott LLC boosted its stake in shares of First Trust Indxx Aerospace & Defense ETF by 110.6% in the first quarter. Janney Montgomery Scott LLC now owns 117,717 shares of the company’s stock valued at $3,564,000 after purchasing an additional 61,810 shares during the period. Global Assets Advisory LLC acquired a new stake in First Trust Indxx Aerospace & Defense ETF during the 1st quarter valued at $2,068,000. Golden State Wealth Management LLC grew its holdings in First Trust Indxx Aerospace & Defense ETF by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 18,000 shares of the company’s stock valued at $545,000 after purchasing an additional 9,000 shares in the last quarter. Finally, Capital Investment Advisory Services LLC increased its stake in First Trust Indxx Aerospace & Defense ETF by 409.0% during the 1st quarter. Capital Investment Advisory Services LLC now owns 35,313 shares of the company’s stock worth $1,069,000 after buying an additional 28,375 shares during the period.

First Trust Indxx Aerospace & Defense ETF Price Performance

Shares of MISL stock opened at $43.33 on Wednesday. The company’s fifty day moving average price is $39.99 and its two-hundred day moving average price is $36.36. The firm has a market capitalization of $220.98 million, a P/E ratio of 28.78 and a beta of 0.97. First Trust Indxx Aerospace & Defense ETF has a 12 month low of $26.46 and a 12 month 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.