LPL Financial LLC Purchases 235,285 Shares of First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL)

LPL Financial LLC lifted its position in First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) by 76.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 541,085 shares of the company’s stock after acquiring an additional 235,285 shares during the period. LPL Financial LLC owned about 0.23% of First Trust Indxx Aerospace & Defense ETF worth $16,468,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in MISL. IFP Advisors Inc grew its position in First Trust Indxx Aerospace & Defense ETF by 226.8% in the 4th quarter. IFP Advisors Inc now owns 4,281 shares of the company’s stock valued at $130,000 after acquiring an additional 2,971 shares during the last quarter. Spire Wealth Management purchased a new stake in shares of First Trust Indxx Aerospace & Defense ETF during the fourth quarter valued at $132,000. Good Life Advisors LLC bought a new position in shares of First Trust Indxx Aerospace & Defense ETF in the fourth quarter worth about $234,000. Golden State Wealth Management LLC purchased a new position in First Trust Indxx Aerospace & Defense ETF in the 4th quarter worth about $274,000. Finally, Jane Street Group LLC bought a new stake in First Trust Indxx Aerospace & Defense ETF during the 3rd quarter valued at about $339,000.

First Trust Indxx Aerospace & Defense ETF Price Performance

First Trust Indxx Aerospace & Defense ETF stock opened at $30.31 on Wednesday. The stock has a market cap of $124.27 million, a price-to-earnings ratio of 28.31 and a beta of 0.66. The firm has a 50-day moving average of $30.55 and a two-hundred day moving average of $31.26. First Trust Indxx Aerospace & Defense ETF has a 1 year low of $26.06 and a 1 year high of $34.02.

First Trust Indxx Aerospace & Defense ETF 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.