D.A. Davidson & CO. Has $9.82 Million Stake in First Trust Indxx Aerospace & Defense ETF $MISL

D.A. Davidson & CO. decreased its position in shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 12.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 262,868 shares of the company’s stock after selling 37,564 shares during the period. D.A. Davidson & CO. owned about 0.06% of First Trust Indxx Aerospace & Defense ETF worth $9,821,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Ameritas Advisory Services LLC acquired a new stake in shares of First Trust Indxx Aerospace & Defense ETF during the 2nd quarter valued at $33,000. Geneos Wealth Management Inc. boosted its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 500.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,200 shares of the company’s stock valued at $36,000 after acquiring an additional 1,000 shares in the last quarter. SBI Securities Co. Ltd. boosted its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 564.8% during the 1st quarter. SBI Securities Co. Ltd. now owns 1,868 shares of the company’s stock valued at $57,000 after acquiring an additional 1,587 shares in the last quarter. Hazlett Burt & Watson Inc. boosted its holdings in shares of First Trust Indxx Aerospace & Defense ETF by 174.7% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 2,115 shares of the company’s stock valued at $79,000 after acquiring an additional 1,345 shares in the last quarter. Finally, NewEdge Advisors LLC acquired a new stake in shares of First Trust Indxx Aerospace & Defense ETF during the 1st quarter valued at $86,000.

First Trust Indxx Aerospace & Defense ETF Trading Down 2.0%

Shares of MISL opened at $42.16 on Thursday. The company has a market capitalization of $217.12 million, a PE 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. The stock’s 50-day moving average price is $40.45 and its two-hundred day moving average price is $36.84.

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.